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Other Real Estate Owned, Net
9 Months Ended
Sep. 30, 2019
Banking And Thrift [Abstract]  
Other Real Estate Owned, Net

Note 6: Other Real Estate Owned, net

The following table presents the number and carrying values of properties included in other real estate owned (“OREO”) as of the dates stated.

 

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Number of

 

 

Carrying

 

 

Number of

 

 

Carrying

 

 

 

Properties

 

 

Value

 

 

Properties

 

 

Value

 

Residential

 

 

4

 

 

$

388

 

 

 

6

 

 

$

1,339

 

Land

 

 

16

 

 

 

1,530

 

 

 

17

 

 

 

1,741

 

Commercial properties

 

 

1

 

 

 

260

 

 

 

3

 

 

 

517

 

Total other real estate owned, net

 

 

21

 

 

 

2,178

 

 

 

26

 

 

 

3,597

 

 

There were three residential mortgage loans totaling $255 thousand in the process of foreclosure as of September 30, 2019.