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Other Real Estate Owned (Tables)

3 Months Ended

Mar. 31, 2021

Banking And Thrift Other Disclosures [Abstract]

The following table is a summary of other real estate owned ("OREO") activity for the three months ended March 31, 2021 and 2020 and the year ended December 31, 2020:

	Three Months Ended			Year Ended			Three Months Ended
	March 31,			December 31,			March 31,
	2021			2020			2020
	(in thousands)
Balance, beginning	$	607		$	183		$	183
Transfer from loans		73			441			310
Gain on foreclosures		—			166			132
Sales		(165	)		(183	)		(183	)
Balance, ending	$	515		$	607		$	442

Schedule of Real Estate Properties

The major classifications of other real estate owned in the consolidated balance sheets at March 31, 2021 and December 31, 2020 were as follows:

	March 31, 2021		December 31, 2020
	(in thousands)
Construction and Farmland	$	73	$	—
Residential Real Estate		—		165
Commercial Real Estate		442		442
Subtotal	$	515	$	607
Less valuation allowance		—		—
Total	$	515	$	607