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Other assets
12 Months Ended
Dec. 31, 2018
Other assets.  
Other assets

8. Other assets:

The major components of other assets at December 31, 2018 and 2017 are summarized as follows:

 

 

 

 

 

 

 

 

 

 

    

 

December 31, 2018

    

 

December 31, 2017

 

Other real estate owned

 

$

376

 

$

284

 

Investment in low income housing partnership

 

 

7,377

 

 

7,842

 

Mortgage servicing rights

 

 

718

 

 

728

 

Bank owned life insurance

 

 

34,288

 

 

33,836

 

Restricted equity securities

 

 

7,462

 

 

8,562

 

Net deferred tax asset

 

 

5,081

 

 

3,906

 

Other assets

 

 

8,435

 

 

9,311

 

Total

 

$

63,737

 

$

64,469

 

 

The Company originates one-to-four family residential mortgage loans for sale in the secondary market with servicing rights retained. Mortgage loans serviced for others are not included in the accompanying Consolidated Balance Sheets. The unpaid principal balances of mortgage loans serviced for others were $165,610 at December 31, 2018 and $174,017 at December 31, 2017.