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Foreclosed Assets
9 Months Ended
Sep. 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:
September 30,
December 31,
Property Type20232022
(In thousands)
Single-family residence$6,829 $5,022 
Total other real estate owned, net6,829 5,022 
Other foreclosed assets— — 
Total foreclosed assets, net$6,829 $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 loans15,950 
Provision for losses(701)
Reductions related to sales(13,442)
Balance, September 30, 2023$6,829