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OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables) | 12 Months Ended
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Dec. 31, 2024
OTHER REAL ESTATE OWNED AND REPOSSESSIONS |
Schedule of major classifications of other real estate owned | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 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 | ​ |  | 5,960 | ​ |  | —
Commercial business | ​ |  | — | ​ |  | —
Consumer | ​ |  | 33 | ​ |  | 23
​ | ​ | ​ | ​ | ​ | ​ | ​
Foreclosed assets held for sale and repossessions | ​ |  | 5,993 | ​ |  | 23
​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned not acquired through foreclosure | ​ |  | — | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned and repossessions | ​ | $ | 5,993 | ​ | $ | 23
Schedule of expenses applicable to other real estate owned and repossessions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023 |  | 2022
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net gains on sales of other real estate owned and repossessions | ​ | $ | (496) | ​ | $ | (42) | ​ | $ | (149)
Valuation write-downs | ​ |  | — | ​ |  | 81 | ​ |  | 23
Operating expenses, net of rental income | ​ |  | 192 | ​ |  | 272 | ​ |  | 485
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | (304) | ​ | $ | 311 | ​ | $ | 359
​

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