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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2019
Other Real Estate Owned  
Changes in the balance for OREO

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

(Dollars in thousands)

    

2019

    

2018

 

Balance at the beginning of year, gross

 

$

303

 

$

225

 

Additions

 

 

1,401

 

 

98

 

Sales proceeds

 

 

(521)

 

 

(18)

 

Gain (loss) on disposition

 

 

 8

 

 

(2)

 

Balance at the end of year, gross

 

 

1,191

 

 

303

 

Less valuation allowance

 

 

(88)

 

 

(57)

 

Balance at the end of year, net

 

$

1,103

 

$

246

 

 

Changes in the allowance for OREO

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

(Dollars in thousands)

    

2019

    

2018

    

2017

 

Balance at the beginning of year

 

$

57

 

$

57

 

$

86

 

Provision for losses

 

 

31

 

 

 —

 

 

 —

 

Charge-offs, net

 

 

 —

 

 

 —

 

 

(29)

 

Balance at the end of year

 

$

88

 

$

57

 

$

57