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Other Real Estate (Tables)
12 Months Ended
Dec. 31, 2020
Other Real Estate And Foreclosed Assets [Abstract]  
Changes and Gains (Losses), Net on Other Real Estate

For the periods presented, changes and gains (losses), net on other real estate were as follows ($ in thousands):

 

 

 

Years Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

29,248

 

 

$

34,668

 

 

$

43,228

 

Additions

 

 

635

 

 

 

8,598

 

 

 

12,115

 

Disposals

 

 

(16,446

)

 

 

(11,474

)

 

 

(19,802

)

Write-downs

 

 

(1,786

)

 

 

(2,544

)

 

 

(873

)

Balance at end of period

 

$

11,651

 

 

$

29,248

 

 

$

34,668

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains (losses), net on the sale of other real estate

   included in other real estate expense

 

$

897

 

 

$

(291

)

 

$

700

 

 

 

Other Real Estate, By Type of Property

At December 31, 2020 and 2019, other real estate by type of property consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Construction, land development and other land properties

 

$

3,857

 

 

$

11,482

 

1-4 family residential properties

 

 

1,349

 

 

 

3,453

 

Nonfarm, nonresidential properties

 

 

6,445

 

 

 

14,313

 

Other real estate properties

 

 

 

 

 

 

Total other real estate

 

$

11,651

 

 

$

29,248

 

Other Real Estate, By Geographic Location

At December 31, 2020 and 2019, other real estate by geographic location consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Alabama

 

$

3,271

 

 

$

8,133

 

Florida

 

 

 

 

 

5,877

 

Mississippi (1)

 

 

8,330

 

 

 

14,919

 

Tennessee (2)

 

 

50

 

 

 

319

 

Texas

 

 

 

 

 

 

Total other real estate

 

$

11,651

 

 

$

29,248

 

 

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.