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Other Real Estate Owned

12 Months Ended

Dec. 31, 2024

Real Estate [Abstract]

Real Estate Owned

NOTE 24. Other Real Estate Owned

The following table is a summary of other real estate owned ("OREO") activity for the twelve months ended December 31, 2023. There were no OREO assets at or during the twelve months ended December 31, 2024.

		Year Ended
		December 31,
		2023
Balance, beginning		$	108
Net loans transferred to OREO			—
Gain on foreclosure			—
Sales			(108	)
Valuation adjustments			—
Balance, ending		$	—

There were no real estate loans in the process of foreclosure at December 31, 2024 and December 31, 2023.

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- References

No definition available.

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- Definition

The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-3

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