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Other Real Estate Owned (Tables)

6 Months Ended

Jun. 30, 2020

Banking and Thrift [Abstract]

Other Real Estate, Roll Forward

	Six Months Ended				Year Ended				Six Months Ended
	June 30,				December 31,				June 30,
	2020				2019				2019
	(in thousands)
Balance, beginning	$	183			$	106			$	106
Transfers from loans	310				1,151				—
Gain on foreclosure	132				192				—
Sales	(183		)		(1,266		)		(106		)
Valuation adjustments	—				—				—
Balance, ending	$	442			$	183			$	—

Schedule of Real Estate Properties

	As of
	June 30, 2020				December 31, 2019
	(in thousands)
Construction and Farmland	$	—			$	—
Residential Real Estate	—				183
Commercial Real Estate	442				—
Subtotal	$	442			$	183
Less valuation allowance	—				—
Total	$	442			$	183

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- References

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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.

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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.

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