Other Real Estate (ORE)

9 Months Ended

Sep. 30, 2023

Real Estate [Abstract]

Other Real Estate (ORE)

Other Real Estate (ORE)

Other real estate owned consists of the following at the dates indicated: 

(in thousands)	September 30, 2023		December 31, 2022
Real Estate Owned Acquired by Foreclosure:
Residential	$	194	$	113
Construction & land development	251		—
Non-farm non-residential	690		—
Total Other Real Estate Owned and Foreclosed Property	1,135		113
Allowance	—		—
Net Other Real Estate Owned and Foreclosed Property	$	1,135	$	113

Loans secured by one-to-four family residential properties in the process of foreclosure totaled $2.0 million as of September 30, 2023.