OTHER REAL ESTATE OWNED AND REPOSSESSIONS (Tables)

6 Months Ended

Jun. 30, 2024

OTHER REAL ESTATE OWNED AND REPOSSESSIONS

Schedule of major classifications of other real estate owned

	June 30,		December 31,
	2024		2023
	(In Thousands)
Foreclosed assets held for sale and repossessions
One- to four-family construction	$	—	$	—
Subdivision construction		—		—
Land development		133		—
Commercial construction		—		—
One- to four-family residential		—		—
Other residential		9,279		—
Commercial real estate		—		—
Commercial business		—		—
Consumer		17		23
Total foreclosed assets held for sale and repossessions		9,429		23
Other real estate owned not acquired through foreclosure		—		—
Other real estate owned and repossessions	$	9,429	$	23

Schedule of expenses applicable to other real estate owned and repossessions

	Three Months Ended
	June 30,
	2024		2023
	(In Thousands)
Net (gains) on sales of other real estate owned and repossessions	$	(36)	$	(21)
Valuation write-downs		—		8
Operating expenses, net of rental income		321		60
	$	285	$	47

	Six Months Ended
	June 30,
	2024		2023
	(In Thousands)
Net (gains) on sales of other real estate owned and repossessions	$	(33)	$	(19)
Valuation write-downs		—		82
Operating expenses, net of rental income		379		138
	$	346	$	201