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, 2020 and 2019:
Foreclosed residential real estate properties totaled $3,788 and $4,295 as of March 31, 2020 and December 31, 2019, respectively. The recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $607 and $82 at March 31, 2020 and December 31, 2019, respectively. Excess land and facilities held for sale resulting from branch consolidations totaled $7,740 and $8,956 as of March 31, 2020 and December 31, 2019, respectively. |