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Note 7 - Other Real Estate Owned
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Real Estate Owned [Text Block]
 
NOTE
7
.
Other Real Estate Owned
 
The following is a summary of the activity in other real estate owned during the years ended 
December 31, 2019
and
2018:
 
(dollars in thousands)
 
2019
   
2018
 
Balance, Beginning of Year
  $
1,841
    $
4,256
 
Loans transferred to other real estate
   
1,009
     
792
 
Acquired in acquisitions
   
243
   
 
-
 
Sales proceeds
   
(2,553)
 
   
(2,949)
 
Transfer to premises and equipment
   
-
     
(300)
 
Net gain/(loss) on sale and writedowns
   
780
 
   
42
 
Ending balance
  $
1,320
    $
1,841