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Foreclosed Assets Foreclosed Assets (Tables)
 12 Months Ended
Dec. 31, 2018
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Other Real Estate and Foreclosed Assets
The following table summarizes foreclosed assets as of the dates indicated:
 
December 31,
Property Type
2018
 
2017
 
(In thousands)
Construction and land development
$
219

 
$
219

Multi‑family
1,059

 
—

Single-family residence
953

 
1,019

Commercial real estate
2,004

 
64

Total other real estate owned, net
4,235

 
1,302

Other foreclosed assets
1,064

 
27

Total foreclosed assets, net
$
5,299

 
$
1,329
Other Foreclosed Assets Rollforward
The following table presents the changes in foreclosed assets, net of the valuation allowance, for the years indicated:
 
Year Ended December 31,
Foreclosed Assets
2018
 
2017
 
2016

(In thousands)
Balance, beginning of year
$
1,329

 
$
12,976

 
$
22,120

Transfers to foreclosed assets from loans
16,914

 
580

 
781

Other additions
—

 
1,385

 
—

Provision for losses
(74
)
 
(2,138
)
 
(2,576
)
Reductions related to sales
(12,870
)
 
(11,474
)
 
(7,349
)
Balance, end of year
$
5,299

 
$
1,329

 
$
12,976
Foreclosed Assets Valuation Allowance Rollforward
The following table presents the changes in the foreclosed assets valuation allowance for the years indicated:
 
Year Ended December 31,
Foreclosed Assets Valuation Allowance
2018
 
2017
 
2016
 
(In thousands)
Balance, beginning of year
$
14

 
$
12,696

 
$
10,246

Provision for losses
74

 
2,138

 
2,576

Reductions related to sales
—

 
(14,820
)
 
(126
)
Balance, end of year
$
88

 
$
14

 
$
12,696