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OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables)

9 Months Ended

Sep. 30, 2024

OTHER REAL ESTATE OWNED AND REPOSSESSIONS

Schedule of major classifications of other real estate owned

​

​	​	​	​	​	​	​
​		September 30,			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	​		—	​		—
Commercial real estate	​		230	​		—
Commercial business	​		—	​		—
Consumer	​		33	​		23
Total foreclosed assets held for sale and repossessions	​		263	​		23
​	​	​	​	​	​	​
Other real estate owned not acquired through foreclosure	​		—	​		—
​	​	​	​	​	​	​
Other real estate owned and repossessions	​	$	263	​	$	23

Schedule of expenses applicable to other real estate owned and repossessions

​

​	​	​	​	​	​	​
​		Three Months Ended
​	​	September 30,
​	​	2024			2023
​	​	(In Thousands)
Net (gains) on sales of other real estate owned and repossessions	​	$	(459)	​	$	(22)
Valuation write-downs	​		—	​	​	—
Operating expenses, net of rental income	​		(77)	​	​	84
​	​	$	(536)	​	$	62

​

​	​	​	​	​	​	​
​	​	Nine Months Ended
​	​	September 30,
​		2024			2023
​	​	(In Thousands)
Net (gains) on sales of other real estate owned and repossessions	​	$	(491)	​	$	(41)
Valuation write-downs	​		—	​	​	82
Operating expenses, net of rental income	​		301	​	​	222
​	​	$	(190)	​	$	263

​

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