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Foreclosed Assets (Tables)
 6 Months Ended
Jun. 30, 2019
Other Real Estate Owned Net Covered and NonCovered Including Foreclosed Assets [Abstract]  
Other real estate and foreclosed assets
The following table summarizes foreclosed assets as of the dates indicated:
 
June 30,
 
December 31,
Property Type
2019
 
2018
 
(In thousands)
Commercial real estate
$
253

 
$
2,004

Single-family residence
953

 
953

Construction and land development
219

 
219

Multi‑family
—

 
1,059

Total other real estate owned, net
1,425

 
4,235

Other foreclosed assets
47

 
1,064

Total foreclosed assets, net
$
1,472

 
$
5,299
Other foreclosed assets rollforward
The following table presents the changes in foreclosed assets, net of the valuation allowance, for the period indicated:
 
Foreclosed
 
Assets
 
(In thousands)
Balance, December 31, 2018
$
5,299

Transfers to foreclosed assets from loans
37

Provision for losses
—

Reductions related to sales
(3,864
)
Balance, June 30, 2019
$
1,472