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Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Text Block [Abstract]

Other Real Estate, Roll Forward [Table Text Block]

A summary of the activity in OREO during the years ended December, 2021 and 2020 is as follows:

		For the years ended December 31,
(In thousands)		2021				2020
Beginning balance		$	-			$	-
Transfers from loan portfolio, at fair value			1,079				-
Ending balance		$	1,079			$	-

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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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