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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
3 Months Ended
Jun. 30, 2016
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

Major classifications of other real estate owned were as follows:

 

 

June 30,

 

December 31,

 

2016

 

2015

 

(In Thousands)

 

 

 

 

Foreclosed assets held for sale

 

 

 

One- to four-family construction

$--

 

$--

Subdivision construction

6,720

 

7,016

Land development

10,886

 

12,133

Commercial construction

--

 

--

One- to four-family residential

1,437

 

1,375

Other residential

1,774

 

2,150

Commercial real estate

5,173

 

3,608

Commercial business

--

 

--

Consumer

2,047

 

1,109

 

28,037

 

27,391

FDIC-supported foreclosed assets, net of discounts

795

 

1,834

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

721

 

460

Acquired foreclosed assets not covered by FDIC loss sharing agreements, net of discounts

1,481

 

995

 

 

 

 

Foreclosed assets held for sale, net

31,034

 

30,680

 

 

 

 

Other real estate owned not acquired through foreclosure

3,839

 

1,213

 

 

 

 

Other real estate owned

$34,873

 

$31,893