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OREO (Tables)
12 Months Ended
Dec. 31, 2021
OREO  
Changes in the balance for OREO

Year Ended December 31, 

 

(Dollars in thousands)

    

2021

    

2020

 

Balance at the beginning of year, gross

$

1,114

$

1,191

Additions

 

 

344

Charge-offs

 

(54)

 

(57)

Sales proceeds

 

(462)

 

(364)

Gain on disposition

 

237

 

Balance at the end of year, gross

 

835

 

1,114

Less valuation allowance

 

 

(207)

Balance at the end of year, net

$

835

$

907

Changes in the allowance for OREO

Year Ended December 31, 

 

(Dollars in thousands)

    

2021

    

2020

    

2019

 

Balance at the beginning of year

$

207

$

88

$

57

Provision for losses

 

(153)

 

176

 

31

Charge-offs, net

 

(54)

 

(57)

 

Balance at the end of year

$

$

207

$

88