Other Real Estate Owned and Repossessions (Tables)

3 Months Ended

Mar. 31, 2022

Other Real Estate Owned and Repossessions

Schedule of Major classifications of other real estate owned

	March 31,		December 31,
	2022		2021
	(In Thousands)
Foreclosed assets held for sale and repossessions
One- to four-family construction	$	—	$	—
Subdivision construction		—		—
Land development		—		315
Commercial construction		—		—
One- to four-family residential		183		183
Other residential		—		—
Commercial real estate		—		—
Commercial business		—		—
Consumer		38		90
Foreclosed assets held for sale and repossessions		221		588
Other real estate owned not acquired through foreclosure		1,499		1,499
Other real estate owned and repossessions	$	1,720	$	2,087

Schedule of Expenses Applicable to Foreclosed Assets

	Three Months Ended
	March 31,
	2022		2021
	(In Thousands)
Net gains on sales of other real estate owned and repossessions	$	(6)	$	(46)
Valuation write-downs		15		82
Operating expenses, net of rental income		154		232
	$	163	$	268