Other Real Estate Owned |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Real Estate [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other real estate owned | Other real estate owned: The amount reported as other real estate owned includes property acquired through foreclosure in addition to excess facilities held for sale and is carried at fair value less estimated cost to sell the property. The following table summarizes the other real estate owned for the three months ended March 31, 2019 and 2018:
Foreclosed residential real estate properties included in the table above totaled $2,435 and $2,101 as of March 31, 2019 and December 31, 2018, respectively. The recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $164 and $478 at March 31, 2019 and December 31, 2018, respectively. Excess land and facilities held for sale resulting from branch consolidations from previous acquisitions totaled $5,381 as of March 31, 2019 and December 31, 2018. |