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Foreclosed Real Estate (Tables)

3 Months Ended

Mar. 31, 2020

Real Estate Owned Disclosure Of Detailed Components [Abstract]

Carrying Amount Of Foreclosed Residential Real Estate Properties Held

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				-			$	-

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- Definition

The tabular 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.

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- References

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