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Other Real Estate Owned, Net (Tables)

6 Months Ended

Jun. 30, 2021

Other Real Estate Owned, Net [Abstract]

Components of OREO, Net of Related Valuation Allowance


(in thousands)		June 30, 2021			December 31, 2020
Commercial real estate		$	900		$	945
Acquisition and development			5,856			8,441
Residential mortgage			—			—
Total OREO, net		$	6,756		$	9,386

Schedule of Activity in OREO Valuation Allowance


		Six Months Ended						Three Months Ended
		June 30,						June 30,
(in thousands)		2021			2020			2021			2020
Balance beginning of period		$	1,010		$	1,790		$	1,004		$	1,780
Fair value adjustment			(160)			39			(164)			13
Sales of OREO			(307)			(95)			(297)			(59)
Balance at end of period		$	543		$	1,734		$	543		$	1,734

Schedule of Components of OREO Expenses, Net


		Six Months Ended						Three Months Ended
		June 30,						June 30,
(in thousands)		2021			2020			2021			2020
Gains on sale of real estate, net		$	(596)		$	(21)		$	(105)		$	(11)
Fair value adjustment, net			(160)			39			(164)			13
Expenses, net			195			65			72			31
Rental and other income			(49)			(86)			(1)			(36)
Total OREO income, net		$	(610)		$	(3)		$	(198)		$	(3)