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Note 5: Other Real Estate Owned: Schedule of major classifications of other real estate owned (Tables)
12 Months Ended
Dec. 31, 2015
Tables/Schedules  
Schedule of major classifications of other real estate owned

 

 

2015

 

2014

(In Thousands)

 

 

 

Foreclosed assets held for sale

 

 

 

One- to four-family construction

$--

 

$223

Subdivision construction

7,016

 

9,857

Land development

12,133

 

17,168

Commercial construction

--

 

--

One- to four-family residential

1,375

 

3,353

Other residential

2,150

 

2,625

Commercial real estate

3,608

 

1,632

Commercial business

--

 

59

Consumer

1,109

 

624

 

27,391

 

35,541

FDIC-supported foreclosed assets, net of discounts

1,834

 

5,695

Acquired foreclosed assets no longer covered by

 

 

 

FDIC loss sharing agreements, net of discounts

460

 

879

Acquired foreclosed assets not covered by FDIC

 

 

 

loss sharing agreements, net of discounts (Valley Bank)

995

 

778

 

 

 

 

Foreclosed assets held for sale, net

30,680

 

42,893

 

 

 

 

Other real estate owned not acquired through

 

 

 

foreclosure

1,213

 

2,945

 

 

 

 

Other real estate owned

$31,893

 

$45,838