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OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables) | 9 Months Ended
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Sep. 30, 2023
OTHER REAL ESTATE OWNED AND REPOSSESSIONS |
Schedule of major classifications of other real estate owned | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ | ​ | 2023 | ​ | 2022
​ | ​ | (In Thousands)
Foreclosed assets held for sale and repossessions |  | ​ |  |  | ​ |
One- to four-family construction | ​ | $ | — | ​ | $ | —
Subdivision construction | ​ |  | — | ​ |  | —
Land development | ​ |  | — | ​ |  | —
Commercial construction | ​ |  | — | ​ |  | —
One- to four-family residential | ​ |  | — | ​ |  | —
Other residential | ​ |  | — | ​ |  | —
Commercial real estate | ​ |  | — | ​ |  | —
Commercial business | ​ |  | — | ​ |  | —
Consumer | ​ |  | 38 | ​ |  | 50
​ | ​ |  | ​ | ​ |  | ​
Foreclosed assets held for sale and repossessions | ​ |  | 38 | ​ |  | 50
​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned not acquired through foreclosure | ​ |  | — | ​ |  | 183
​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned and repossessions | ​ | $ | 38 | ​ | $ | 233
Schedule of expenses applicable to other real estate owned and repossessions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended
​ | ​ | September 30,
​ | ​ | 2023 |  | 2022
​ | ​ | (In Thousands)
Net gains on sales of other real estate owned and repossessions | ​ | $ | (22) | ​ | $ | (5)
Valuation write-downs | ​ |  | — | ​ | ​ | —
Operating expenses, net of rental income | ​ |  | 84 | ​ | ​ | 89
​ | ​ | $ | 62 | ​ | $ | 84
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Nine Months Ended
​ | ​ | September 30,
​ | ​ | 2023 |  | 2022
​ | ​ | (In Thousands)
Net gains on sales of other real estate owned and repossessions | ​ | $ | (41) | ​ | $ | (148)
Valuation write-downs | ​ |  | 82 | ​ | ​ | 23
Operating expenses, net of rental income | ​ |  | 222 | ​ | ​ | 438
​ | ​ | $ | 263 | ​ | $ | 313
​

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