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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
3 Months Ended
Mar. 31, 2016
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

Major classifications of other real estate owned were as follows:

 

 

March 31,

 

December 31,

 

2016

 

2015

(In Thousands)

 

 

 

Foreclosed assets held for sale

 

 

 

One- to four-family construction

$—

 

$—

Subdivision construction

6,821

 

7,016

Land development

11,477

 

12,133

Commercial construction

 

One- to four-family residential

1,406

 

1,375

Other residential

1,962

 

2,150

Commercial real estate

6,534

 

3,608

Commercial business

 

Consumer

1,449

 

1,109

 

29,649

 

27,391

FDIC-supported foreclosed assets, net of discounts

1,864

 

1,834

Acquired foreclosed assets no longer covered by FDIC loss

 

 

 

sharing agreements, net of discounts

417

 

460

Acquired foreclosed assets not covered by FDIC loss sharing

 

 

 

agreements, net of discounts

1,091

 

995

 

 

 

 

Foreclosed assets held for sale, net

33,021

 

30,680

 

 

 

 

Other real estate owned not acquired through foreclosure

6,507

 

1,213

 

 

 

 

Other real estate owned

$39,528

 

$31,893