Foreclosed Assets Foreclosed Assets (Tables)

12 Months Ended

Dec. 31, 2020

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	2020		2019
	(In thousands)
Commercial real estate	$	12,979	$	221
Construction and land development	219		219
Total other real estate owned, net	13,198		440
Other foreclosed assets	829		—
Total foreclosed assets, net	$	14,027	$	440

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	2020		2019		2018
	(In thousands)
Balance, beginning of year	$	440	$	5,299	$	1,329
Transfers to foreclosed assets from loans	14,755		120		16,914
Provision for losses	(267)		(78)		(74)
Reductions related to sales	(901)		(4,901)		(12,870)
Balance, end of year	$	14,027	$	440	$	5,299

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	2020		2019		2018
	(In thousands)
Balance, beginning of year	$	87	$	88	$	14
Provision for losses	267		78		74
Reductions related to sales	—		(79)		—
Balance, end of year	$	354	$	87	$	88