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v3.20.2

Other Real Estate Owned, Net (Tables) | 9 Months Ended
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Sep. 30, 2020
Other Real Estate Owned, Net [Abstract] |
Schedule of Real Estate Properties |
(in thousands) |  | September 30, ‎2020 |  | December 31, ‎2019
Commercial real estate |  | $ | 2,256 |  | $ | 2,256
Acquisition and development |  |  | 1,531 |  |  | 1,780
Residential mortgage |  |  | — |  |  | 91
Total OREO, net |  | $ | 3,787 |  | $ | 4,127
Schedule of Activity in OREO Valuation Allowance |
|  | Nine Months Ended |  | Three Months Ended
|  | September 30, |  | September 30,
(in thousands) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Balance beginning of period |  | $ | 1,790 |  | $ | 1,988 |  | $ | 1,734 |  | $ | 2,013
Fair value write-down |  |  | 102 |  |  | 1,140 |  |  | 63 |  |  | 312
Sales of OREO |  |  | (261) |  |  | (1,159) |  |  | (166) |  |  | (356)
Balance at end of period |  | $ | 1,631 |  | $ | 1,969 |  | $ | 1,631 |  | $ | 1,969
Schedule of Components of OREO Expenses, Net |
|  | Nine Months Ended |  | Three Months Ended
|  | September 30, |  | September 30,
(in thousands) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Gains on real estate, net |  | $ | (93) |  | $ | (62) |  | $ | (72) |  | $ | (51)
Fair value write-down, net |  |  | 102 |  |  | 1,140 |  |  | 63 |  |  | 312
Expenses, net |  |  | 117 |  |  | 260 |  |  | 52 |  |  | 94
Rental and other income |  |  | (123) |  |  | (72) |  |  | (37) |  |  | (18)
Total OREO expense, net |  | $ | 3 |  | $ | 1,266 |  | $ | 6 |  | $ | 337

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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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