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v3.23.1

Other Real Estate Owned, net (Tables) | 3 Months Ended
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Mar. 31, 2023
Other Real Estate Owned, Net [Abstract] |
Components of OREO, Net of Related Valuation Allowance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | March 31, 2023 |  | December 31, 2022
Acquisition and development | ​ | $ | 4,598 | ​ | $ | 4,670
Residential mortgage | ​ | ​ | — | ​ | ​ | 63
Total OREO, net | ​ | $ | 4,598 | ​ | $ | 4,733
​
Schedule of Activity in OREO Valuation Allowance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
(in thousands) |  | 2023 |  | 2022
Balance beginning of period | ​ | $ | 453 | ​ | $ | 453
Fair value adjustment | ​ | ​ | 32 | ​ | ​ | —
Sales of OREO | ​ | ​ | (148) | ​ | ​ | —
Balance at end of period | ​ | $ | 337 | ​ | $ | 453
​
Schedule of Components of OREO Expenses, Net | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
(in thousands) |  | 2023 |  | 2022
Gains on sale of real estate, net | ​ | $ | (36) | ​ | $ | —
Fair value adjustment, net | ​ | ​ | 32 | ​ | ​ | —
Expenses, net | ​ | ​ | 129 | ​ | ​ | 96
Rental and other income | ​ | ​ | (1) | ​ | ​ | (1)
Total OREO expenses, net | ​ | $ | 124 | ​ | $ | 95

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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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