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Foreclosed Assets (Tables)
3 Months Ended
Mar. 31, 2022
Other Real Estate Owned Net Covered and NonCovered Including Foreclosed Assets [Abstract]  
Other real estate and foreclosed assets
The following table summarizes foreclosed assets, net of the valuation allowance, as of the dates indicated:
March 31,
December 31,
Property Type20222021
(In thousands)
Commercial real estate$— $12,594 
Multi‑family304 — 
Total other real estate owned, net304 12,594 
Other foreclosed assets— 249 
Total foreclosed assets, net$304 $12,843 
Other foreclosed assets rollforward
The following table presents the changes in foreclosed assets, net of the valuation allowance, for the period indicated:
Foreclosed
Assets, Net
(In thousands)
Balance, December 31, 2021$12,843 
Transfers to foreclosed assets from loans304 
Reductions related to sales(12,843)
Balance, March 31, 2022$304