XML 22 R13.htm IDEA: XBRL DOCUMENT
v3.22.2

Other Real Estate Owned, Net | 6 Months Ended
--- | ---
Jun. 30, 2022
Other Real Estate Owned, Net [Abstract] |
Other Real Estate Owned, Net | Note 5 - Other Real Estate Owned, net The following table presents the components of other real estate owned (“OREO”) at June 30, 2022 and December 31, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | June 30, 2022 |  | December 31, 2021
Acquisition and development | ​ | $ | 4,477 | ​ | $ | 4,477
Residential mortgage | ​ | ​ | 40 | ​ | ​ | —
Total OREO, net | ​ | $ | 4,517 | ​ | $ | 4,477
​ The following table presents the activity in the OREO valuation allowance for the six and three month periods ended June 30, 2022 and 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended | ​ | Three Months Ended
​ | ​ | June 30, | ​ | June 30,
(in thousands) |  | 2022 |  | 2021 | ​ | 2022 | ​ | 2021
Balance beginning of period | ​ | $ | 453 | ​ | $ | 1,010 | ​ | $ | 453 | ​ | $ | 1,004
Fair value adjustment | ​ | ​ | — | ​ | ​ | (160) | ​ | ​ | — | ​ | ​ | (164)
Sales of OREO | ​ | ​ | — | ​ | ​ | (307) | ​ | ​ | — | ​ | ​ | (297)
Balance at end of period | ​ | $ | 453 | ​ | $ | 543 | ​ | $ | 453 | ​ | $ | 543
​ ​ The following table presents the components of OREO (income)/expenses, net, for the six and three month periods ended June 30, 2022 and 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended | ​ | Three Months Ended
​ | ​ | June 30, | ​ | June 30,
(in thousands) |  | 2022 |  | 2021 | ​ | 2022 | ​ | 2021
Gains on sale of real estate, net | ​ | $ | — | ​ | $ | (596) | ​ | $ | — | ​ | $ | (105)
Fair value adjustment, net | ​ | ​ | — | ​ | ​ | (160) | ​ | ​ | — | ​ | ​ | (164)
Expenses, net | ​ | ​ | 249 | ​ | ​ | 195 | ​ | ​ | 153 | ​ | ​ | 72
Rental and other income | ​ | ​ | (2) | ​ | ​ | (49) | ​ | ​ | (1) | ​ | ​ | (1)
Total OREO expenses/(income), net | ​ | $ | 247 | ​ | $ | (610) | ​ | $ | 152 | ​ | $ | (198)
​

X
- References No definition available. + Details
Name: | us-gaap_RealEstateOwnedDisclosureOfDetailedComponentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=124259787&loc=d3e4437-111522 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration