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Note 5: Other Real Estate Owned: Schedule of Foreclosed Assets Held for Sale (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule of Foreclosed Assets Held for Sale

 

 

2014

 

2013

(In Thousands)

 

 

 

Foreclosed assets held for sale

 

 

 

  One- to four-family construction

$223

 

$600

  Subdivision construction

9,857

 

12,152

  Land development

17,168

 

16,688

  Commercial construction

--

 

2,132

  One- to four-family residential

3,353

 

744

  Other residential

2,625

 

5,900

  Commercial real estate

1,632

 

3,135

  Commercial business

59

 

79

  Consumer

624

 

715

 

35,541

 

42,145

  FDIC-supported foreclosed assets, net of discounts

5,695

 

9,258

  Acquired foreclosed assets no longer covered by

 

 

 

    FDIC loss sharing agreements, net of discounts

879

 

--

  Acquired foreclosed assets not covered by FDIC

 

 

 

    loss sharing agreements, net of discounts (Valley Bank)

778

 

--

 

 

 

 

Foreclosed assets held for sale, net

42,893

 

51,403

 

 

 

 

  Other real estate owned not acquired through

 

 

 

    foreclosure

2,945

 

2,111

 

 

 

 

Other real estate owned

$45,838

 

$53,514