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Note 9: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
3 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

Major classifications of other real estate owned were as follows:

 

 

March 31,

 

December 31,

 

2015

 

2014

(In Thousands)

 

 

 

Foreclosed assets held for sale

 

 

 

  One- to four-family construction

$120

 

$223

  Subdivision construction

9,779

 

9,857

  Land development

16,862

 

17,168

  Commercial construction

 

  One- to four-family residential

2,405

 

3,353

  Other residential

2,633

 

2,625

  Commercial real estate

3,664

 

1,632

  Commercial business

48

 

59

  Consumer

832

 

624

 

36,343

 

35,541

  FDIC-supported foreclosed assets, net of discounts

5,117

 

5,695

  Acquired foreclosed assets no longer covered by FDIC loss sharing agreements, net of discounts

879

 

879

  Acquired foreclosed assets not covered by FDIC loss sharing agreements, net of discounts (Valley Bank)

868

 

778

 

 

 

 

Foreclosed assets held for sale, net

43,207

 

42,893

 

 

 

 

  Other real estate owned not acquired through

 

 

 

foreclosure

2,958

 

2,945

 

 

 

 

Other real estate owned

$46,165

 

$45,838