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Other Real Estate Owned | 6 Months Ended
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Jun. 30, 2019
Real Estate [Abstract] |
Other Real Estate Owned | Note 9. Other Real Estate Owned The activity within Other Real Estate Owned (“OREO”) for the three and six months ended June 30, 2019 and 2018 is presented in the table below. There was one residential real estate loan in the process of foreclosure as of June 30, 2019 totaling $985 thousand. For the three and six months ended June 30, 2019 and 2018 , there were no sales of OREO property.
|  | Three Months Ended June 30 , |  |  | Six Months Ended June 30 , |
(dollars in thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Beginning Balance |  | $ | 1,394 |  |  | $ | 1,394 |  |  | $ | 1,394 |  |  | $ | 1,394 |
Real estate acquired from borrowers |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Properties sold |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Ending Balance |  | $ | 1,394 |  |  | $ | 1,394 |  |  | $ | 1,394 |  |  | $ | 1,394 |

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- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118952595&loc=d3e4437-111522 + Details
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