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OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables)

3 Months Ended

Mar. 31, 2024

OTHER REAL ESTATE OWNED AND REPOSSESSIONS

Schedule of major classifications of other real estate owned

​

​	​	​	​	​	​	​
​		March 31,			December 31,
​	​	2024		​	2023
​	​	(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 (multi-family)	​		—	​		—
Commercial real estate	​		—	​		—
Commercial business	​		—	​		—
Consumer	​		47	​		23
​	​		​	​		​
Total foreclosed assets held for sale and repossessions	​		47	​		23
​	​	​	​	​	​	​
Other real estate owned not acquired through foreclosure	​		995	​		—
​	​	​	​	​	​	​
Total other real estate owned and repossessions	​	$	1,042	​	$	23

Schedule of expenses applicable to other real estate owned and repossessions

​

​	​	​	​	​	​	​
​		Three Months Ended
​	​	March 31,
​	​	2024			2023
​	​	(In Thousands)
Net loss on sales of other real estate owned and repossessions	​	$	4	​	$	3
Valuation write-downs	​		—	​	​	74
Operating expenses, net of rental income	​		57	​	​	77
​	​	$	61	​	$	154

​

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