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Foreclosed Assets
3 Months Ended
Mar. 31, 2023
Other Real Estate Owned Net Covered and NonCovered Including Foreclosed Assets [Abstract]  
Foreclosed Assets FORECLOSED ASSETS, NET
The following table summarizes foreclosed assets, net of the valuation allowance, as of the dates indicated:
March 31,
December 31,
Property Type20232022
(In thousands)
Commercial real estate$— $— 
Single-family residence2,135 5,022 
Total other real estate owned, net2,135 5,022 
Other foreclosed assets— — 
Total foreclosed assets, net$2,135 $5,022 
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, 2022$5,022 
Transfers to foreclosed assets from loans2,568 
Provision for losses(527)
Reductions related to sales(4,928)
Balance, March 31, 2023$2,135