OREO (Tables)

12 Months Ended

Dec. 31, 2019

OREO.

Summary of activity related to OREO

The following table summarizes activity related to OREO (dollars in thousands):

	Year Ended		Year Ended
	December 31, 2019		December 31, 2018
OREO:
Beginning balance	$	376	$	1,283
Additions, transfers from loans		4,872		4,025
Additions, fair value from acquisition		149		—
Sales of OREO		(2,277)		(4,914)
Capitalized improvements		2		—
Cash payments collected		(3)		—
Valuation allowance for OREO		(62)		(18)
Ending balance	$	3,057	$	376