Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2019

Repossessed Assets [Abstract]

Summary of Activity in Balance of Foreclosed Assets

A summary of the activity in the balance of real estate owned follows (dollars in thousands):

	Year ended December 31,
	2019		2018
Beginning balance, net	$	2,280	$	3,226
Additions/transfers from loans	1,249		1,262
Dispositions/sales	(1,090)		(2,119)
Valuation adjustments	102		(89)
Ending balance, net	$	2,541	$	2,280
Ending valuation allowance	$	(139)	$	(116)
Ending number of foreclosed assets	6		11
Proceeds from sale of real estate owned	$	1,336	$	2,527
Gain on sale of real estate owned	$	246	$	408