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Foreclosed Assets (Tables)
9 Months Ended
Sep. 30, 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:
September 30,
December 31,
Property Type20222021
(In thousands)
Commercial real estate$— $12,594 
Single-family residence2,967 — 
Total other real estate owned, net2,967 12,594 
Other foreclosed assets— 249 
Total foreclosed assets, net$2,967 $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 loans3,271 
Reductions related to sales(13,147)
Balance, September 30, 2022$2,967