Schedule of Roll Forward of Foreclosed Assets (Details) - USD ($) $ in Thousands |
6 Months Ended | 12 Months Ended | |
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Jun. 30, 2024 |
Jun. 30, 2023 |
Dec. 31, 2023 |
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Foreclosed Assets | |||
Beginning balance | $ 130 | $ 1,582 | $ 1,582 |
Transferred from loans receivables, net | 2,306 | ||
Additions for construction in foreclosed assets | 498 | 126 | 125 |
Sale proceeds | (1,549) | (1,549) | |
Gain on foreclosed assets | 15 | 8 | |
Loss on foreclosed assets | (479) | (34) | (36) |
Ending balance | $ 2,455 | $ 140 | $ 130 |
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- References No definition available.
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- Definition Loss on foreclosure of assets. No definition available.
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- Definition Transfers from loan receivables net. No definition available.
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- Definition Carrying amount as of the balance sheet date of all assets obtained in full or partial satisfaction of a debt arrangement through foreclosure proceedings or defeasance; includes real and personal property; equity interests in corporations, partnerships, and joint ventures; and beneficial interests in trusts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate cash payments for a combination of transactions that are classified as investing activities in which assets, which may include securities, other types of investments, or productive assets, are purchased from third-party sellers. This element can be used by entities to aggregate payments for all asset purchases that are classified as investing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash inflow from the sale assets received in full or partial satisfaction of a receivable including real and personal property; equity interests in corporations, partnerships, and joint ventures; and beneficial interests in trusts. Foreclosed assets also include loans that are treated as if the underlying collateral had been foreclosed because the institution has taken possession of the collateral, even though legal foreclosure or repossession proceedings have not taken place. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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