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Foreclosed Assets
 6 Months Ended
Jun. 30, 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:
June 30,
December 31,
Property Type20232022
(In thousands)
Single-family residence$8,426 $5,022 
Total other real estate owned, net8,426 5,022 
Other foreclosed assets— — 
Total foreclosed assets, net$8,426 $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 loans9,225 
Provision for losses(685)
Reductions related to sales(5,136)
Balance, June 30, 2023$8,426