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OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables)

9 Months Ended

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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