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Note 9. Other Real Estate Owned
9 Months Ended
Sep. 30, 2019
Banking and Thrift [Abstract]  
Note 9. Other Real Estate Owned

Note 9. Other Real Estate Owned

 

The activity within Other Real Estate Owned (“OREO”) for the three and nine months ended September 30, 2019 and 2018 is presented in the table below. There were two residential real estate loans in the process of foreclosure as of September 30, 2019 totaling $4.0 million

 

For the three and nine months ended September 30, 2019 and 2018, there were no sales of OREO property.

 

                
   Three Months Ended September 30,   Nine Months Ended September 30, 
(dollars in thousands)  2019   2018   2019   2018 
Beginning Balance  $1,394   $1,394   $1,394   $1,394 
Real estate acquired from borrowers   93        93     
Properties sold                
Ending Balance  $1,487   $1,394   $1,487   $1,394