Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2021

Real Estate [Abstract]

Summary of activity of real estate acquired in settlement of loans portion of other real estate owned

Other real estate owned is comprised of real estate acquired in settlement of loans and is included in other assets on the balance sheet. At December 31, 2021 there was no commercial property owned compared to one commercial property owned totaling $1.2 million at December 31, 2020. The following summarizes the activity in the real estate acquired in settlement of loans portion of other real estate owned:

	For the year ended December 31,
(dollars in thousands)		2021			2020
Balance, beginning of year		$	1,169		$	-
Additions			367			2,198
Sales			(1,536	)		-
Write-downs, net			-			(1,029	)
Balance, end of year		$	-		$	1,169