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v3.19.1

Other Real Estate Owned (Tables) | 3 Months Ended
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Mar. 31, 2019
Other Real Estate Owned [Abstract] |
Schedule of Real Estate Properties Comprising OREO | The following table presents the components of other real estate owned (“OREO”) at March 31, 2019 and December 31, 2018: ﻿ ﻿
﻿ |  |  |  |
﻿(in thousands) | March 31, 2019 | December 31, 2018
﻿Commercial real estate | $ | 2,083 | $ | 2,599
﻿Acquisition and development |  | 3,137 |  | 3,218
﻿Commercial and industrial |  | 0 |  | 24
﻿Residential mortgage |  | 947 |  | 757
﻿ Total OREO | $ | 6,167 | $ | 6,598
﻿
Other Real Estate, Roll Forward | The following table presents the activity in the OREO valuation allowance for the three-month periods ended March 31, 2019 and 2018: ﻿ ﻿ ﻿ ﻿ ﻿
﻿ |  |  |  |
﻿ | For the Three months Ended
﻿ | March 31,
﻿(in thousands) | 2019 | 2018
﻿Balance beginning of period | $ | 1,988 | $ | 2,740
﻿Fair value write-down |  | 117 |  | 295
﻿Sales of OREO |  | (739) |  | (124)
﻿ Balance at end of period | $ | 1,366 | $ | 2,911
﻿
Schedule of Components of Other Real Estate Owned Expense | The following table presents the components of OREO expenses, net, for the three-month periods ended March 31, 2019 and 2018: ﻿ ﻿
﻿ |  |  |  |
﻿ | For the Three months Ended
﻿ | March 31,
﻿(in thousands) | 2019 | 2018
﻿Gains on real estate, net | $ | (30) | $ | (20)
﻿Fair value write-down, net |  | 117 |  | 295
﻿Expenses, net |  | 75 |  | 148
﻿Rental and other income |  | (19) |  | (38)
﻿ Total OREO expense, net | $ | 143 | $ | 385
﻿

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- Definition Tabular disclosure of the components of other real estate owned expense. + 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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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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