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Foreclosed Real Estate | 3 Months Ended
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Mar. 31, 2020
Real Estate Owned Disclosure Of Detailed Components [Abstract] |
Foreclosed Real Estate | Note 8: Foreclosed Real Estate The Company is required to disclose the carrying amount of foreclosed residential real estate properties held as a result of obtaining physical possession of the property at each reporting period.
(Dollars in thousands) |  | Number of properties |  |  | March 31, 2020 |  |  | Number of properties |  |  | December 31, 2019 |
Foreclosed residential real estate |  |  | 2 |  |  | $ | 58 |  |  |  | - |  |  | $ | - |
At March 31, 2020 and December 31, 2019, the Company reported $1.0 million and $341,000, respectively, in residential real estate loans in the process of foreclosure.

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118952595&loc=d3e4437-111522 + Details
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