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OREO (Tables)
12 Months Ended
Dec. 31, 2020
OREO  
Changes in the balance for OREO

Year Ended December 31, 

 

(Dollars in thousands)

    

2020

    

2019

 

Balance at the beginning of year, gross

$

1,191

$

303

Additions

 

344

 

1,401

Charge-offs

 

(57)

 

Sales proceeds

 

(364)

 

(521)

Gain on disposition

 

 

8

Balance at the end of year, gross

 

1,114

 

1,191

Less valuation allowance

 

(207)

 

(88)

Balance at the end of year, net

$

907

$

1,103

Changes in the allowance for OREO

Year Ended December 31, 

 

(Dollars in thousands)

    

2020

    

2019

    

2018

 

Balance at the beginning of year

$

88

$

57

$

57

Provision for losses

 

176

 

31

 

Charge-offs, net

 

(57)

 

 

Balance at the end of year

$

207

$

88

$

57