XML 55 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Schedule of Real Estate Properties Other real estate owned consisted of the following.
 
 
At December 31,
(in thousands)
2018
 
2017
 
 
 
 
Single family
$
455

 
$
664

Valuation allowance

 

 
$
455

 
$
664

Schedule of Activity in Other Real Estate Owned Activity in other real estate owned was as follows.
 
 
Years Ended December 31,
(in thousands)
2018
 
2017
 
 
 
 
Beginning balance
$
664

 
$
5,243

Additions
455

 
1,113

Loss provisions

 
(33
)
Reductions related to sales
(664
)
 
(5,659
)
Ending balance
$
455

 
$
664

Schedule of Activity in the Valuation Allowance of Other Real Estate Owned Activity in the valuation allowance for other real estate owned was as follows.
 
 
Years Ended December 31,
(in thousands)
2018
 
2017
 
2016
 
 
 
 
 
 
Beginning balance
$

 
$
3,095

 
$
1,764

Loss provisions

 
33

 
1,553

(Charge-offs), net of recoveries

 
(3,128
)
 
(222
)
Ending balance
$

 
$

 
$
3,095

Components of the Net Cost of Operation and Sale of Other Real Estate Owned The components of the net cost of operation and sale of other real estate owned are as follows.

 
Years Ended December 31,
(in thousands)
2018
 
2017
 
2016
 
 
 
 
 
 
Maintenance (reimbursements) costs
$
33

 
$
(114
)
 
$
469

Loss provisions

 

 
1,332

Net gain on sales
(172
)
 
(416
)
 
(37
)
Net (income) cost from operation and sale of other real estate owned
$
(139
)
 
$
(530
)
 
$
1,764