Other Real Estate Owned (Details) - USD ($) $ in Thousands |
3 Months Ended | |
---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
|
Activity in the other real estate owned (OREO) portfolio, net of valuation reserve | ||
Balance at beginning of period | $ 2,474 | $ 5,004 |
Property additions, net of acquisition adjustments | 491 | |
Less: Proceeds from property disposals, net of participation purchase and of gains/losses | 305 | 288 |
Less: Period valuation adjustments | 6 | 158 |
Balance at end of period | 2,163 | 5,049 |
Activity in the valuation allowance | ||
Balance at beginning of period | 1,643 | 6,712 |
Provision for unrealized losses | 6 | 158 |
Reductions taken on sales | (466) | |
Balance at end of period | 1,649 | 6,404 |
Expenses related to foreclosed assets, net of lease revenue | ||
Gain on sales, net | (20) | (23) |
Provision for unrealized losses | 6 | 158 |
Operating expenses | 54 | 102 |
Less: Lease revenue | 4 | |
Net OREO expense | $ 36 | $ 237 |
X | ||||||||||
- Definition Amount of expense recognized during the period for real estate assets acquired through foreclosure, net of lease revenue. No definition available.
|
X | ||||||||||
- Definition The net gain (loss) before provision for valuation allowances resulting from sales and other disposals of other real estate owned. No definition available.
|
X | ||||||||||
- Definition Lease revenue for other real estate owned. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of operating expenses recognized during the period for real estate assets acquired through settlement or foreclosure. No definition available.
|
X | ||||||||||
- Definition NA No definition available.
|
X | ||||||||||
- Definition The amount of real estate sold during the period net of gains (losses) on sale. No definition available.
|
X | ||||||||||
- Definition Amount of the increase in the real estate owned valuation allowance, net of miscellaneous adjustments, that is charged against earnings in the period. No definition available.
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of land and buildings obtained through foreclosure proceedings or defeasance in full or partial satisfaction of a debt arrangement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition For each period for which an income statement is required, disclosure of the changes in the allowance, including balances at end of period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of the valuation allowance for real estate owned that was applied in the period against the carrying amount of real estate owned that was sold, written down or written off. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of expense recognized in the income statement for a decrease in valuation of real estate owned (REO). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|