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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
3 Months Ended
Sep. 30, 2018
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

 

Major classifications of other real estate owned were as follows:

 

 

September 30,

 

December 31,

 

2018

 

2017

 

(In Thousands)

 

 

 

 

Foreclosed assets held for sale and repossessions

 

 

 

One- to four-family construction

   $                   —

 

   $                 —

Subdivision construction

                   2,264

 

                 5,413

Land development

                   4,495

 

                 7,229

Commercial construction

                        —

 

                      —

One- to four-family residential

                      657

 

                    112

Other residential

                        —

 

                    140

Commercial real estate

                   1,002

 

                 1,694

Commercial business

                        —

 

                      —

Consumer

                   1,020

 

                 1,987

 

                   9,438

 

               16,575

Foreclosed assets acquired through FDIC-assisted

 

 

 

transactions, net of discounts

                   1,847

 

                 3,799

 

 

 

 

Foreclosed assets held for sale and repossessions, net

                 11,285

 

               20,374

 

 

 

 

Other real estate owned not acquired through foreclosure

                   1,559

 

                 1,628

 

 

 

 

Other real estate owned and repossessions

   $            12,844

 

   $          22,002