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OTHER REAL ESTATE OWNED (Tables) | 12 Months Ended
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Dec. 31, 2020
Other Real Estate [Abstract] |
Schedule of Activity in Other Real Estate Owned and Related Valuation Allowance | The following table shows the activity in other real estate owned, excluding the valuation allowance, for the years ended December 31:
(In thousands) |  | 2020 |  |  | 2019 |
Balance, beginning of year |  | $ | 50 |  |  | $ | — |
OREO properties added |  |  | — |  |  |  | 386 |
Sales during year |  |  | — |  |  |  | (336 | )
Balance, end of year |  | $ | 50 |  |  | $ | 50 |
The following table shows the activity in the valuation allowance for the years ended December 31:
(In thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
Balance, beginning of year |  | $ | — |  |  | $ | — |  |  | $ | — |
Additions charged to expense |  |  | — |  |  |  | — |  |  |  | 232 |
Direct writedowns |  |  | — |  |  |  | — |  |  |  | (232 | )
Balance, end of year |  | $ | — |  |  | $ | — |  |  | $ | — |
Schedule of Expenses Related to Other Real Estate Owned | The following table shows expenses related to other real estate owned for the years ended December 31:
(In thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
Net loss/(gain) on sales |  | $ | — |  |  | $ | — |  |  | $ | 58 |
Provision for unrealized losses |  |  | — |  |  |  | — |  |  |  | 232 |
Operating expenses, net of rental income |  |  | 22 |  |  |  | 9 |  |  |  | 190 |
Total |  | $ | 22 |  |  | $ | 9 |  |  | $ | 480 |

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- Definition Tabular disclosure of expenses related to other real estate owned. + References No definition available. + Details
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- References No definition available. + Details
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- Definition Tabular disclosure of the change in other real estate on properties owned. Excludes real estate assets taken in settlement of troubled loans through surrender or foreclosure by banks. + References No definition available. + Details
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