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Other Real Estate Owned and Repossessions (Tables)
12 Months Ended
Dec. 31, 2021
Other Real Estate Owned and Repossessions  
Schedule of Major classifications of other real estate owned

    

2021

    

2020

(In Thousands)

Foreclosed assets held for sale and repossessions

 

  

 

  

One- to four-family construction

$

$

Subdivision construction

 

 

263

Land development

 

 

250

Commercial construction

 

 

One- to four-family residential

 

 

111

Other residential

 

 

Commercial real estate

 

 

Commercial business

 

 

Consumer

 

90

 

153

 

90

 

777

 

 

Foreclosed assets related to FDIC-assisted acquired acquisitions, net of discounts

 

498

 

446

Foreclosed assets held for sale and repossessions, net

 

588

 

1,223

Other real estate owned not acquired through foreclosure

 

1,499

 

654

Other real estate owned and repossessions

$

2,087

$

1,877

Schedule of Expenses Applicable to Foreclosed Assets

    

2021

    

2020

    

2019

(In Thousands)

Net gains on sales of other real estate owned and repossessions

$

(282)

$

(480)

$

(750)

Valuation write-downs

 

211

 

1,320

 

926

Operating expenses, net of rental income

 

698

 

1,183

 

2,008

$

627

$

2,023

$

2,184