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Other Real Estate Owned and Bank Premises Held for Sale
9 Months Ended
Sep. 30, 2021
Other Real Estate Owned and Bank Premises Held for Sale  
Other Real Estate Owned and Bank Premises Held for Sale

Note 8 — Other Real Estate Owned and Bank Premises Held for Sale

The following is a summary of information pertaining to OREO and Bank Premises Held for Sale:

Nine Months Ended September 30,

(Dollars in thousands)

2021

Balance, December 31, 2020

    

$

47,920

Measurement period adjustment pertaining to CSFL acquisition

(1,226)

Additions

5,045

Write-downs

(1,741)

Sold

(31,235)

Balance, September 30, 2021

$

18,763

Other Real Estate Owned at September 30, 2021

$

3,687

Bank Premises Held for Sale at September 30, 2021

$

15,076

Nine Months Ended September 30,

2020

Balance, December 31, 2019

$

11,964

Acquired in the CSFL acquisition

28,311

Additions

6,711

Write-downs

(770)

Sold

(8,232)

Balance, September 30, 2020

$

37,984

Other Real Estate Owned at September 30, 2020

$

13,480

Bank Premises Held for Sale at September 30, 2020

$

24,504

At September 30, 2021, there were a total of 23 properties included in OREO compared to 42 properties at December 31, 2020. At September 30, 2021, there were a total of 15 properties included in bank premises held for sale which compares to 33 properties included in premises held for sale, at December 31, 2020. At September 30, 2021, we had $446,000 in residential real estate included in OREO and $3.5 million in residential real estate consumer mortgage loans in the process of foreclosure.