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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, 2017
Tables/Schedules  
Schedule of major classifications of other real estate owned

 

 

2017

 

2016

 

(In Thousands)

 

 

 

 

Foreclosed assets held for sale and repossessions

 

 

 

One- to four-family construction

$                       --

 

$                       --

Subdivision construction

                  5,413

 

                  6,360

Land development

                  7,229

 

               10,886

Commercial construction

                         --

 

                         --

One- to four-family residential

                     112

 

                  1,217

Other residential

                     140

 

                     954

Commercial real estate

                  1,694

 

                  3,841

Commercial business

                         --

 

                         --

Consumer

                  1,987

 

                  1,991

 

               16,575

 

               25,249

FDIC-supported foreclosed assets, net of discounts

                         --

 

                  1,426

Acquired foreclosed assets no longer covered by

 

 

 

FDIC loss sharing agreements, net of discounts

                  2,133

 

                     316

Acquired foreclosed assets not covered by FDIC

 

 

 

loss sharing agreements, net of discounts (Valley Bank)

                  1,666

 

                  1,952

 

 

 

 

Foreclosed assets held for sale and repossessions, net

               20,374

 

               28,943

 

 

 

 

Other real estate owned not acquired through foreclosure

                  1,628

 

                  3,715

 

 

 

 

Other real estate owned and repossessions

$             22,002

 

$             32,658