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Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2020
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Summary of Other Real Estate Owned
The following tables set forth activity in OREO for the three months ended March 31, 2020 and 2019:
 
 
Three Months Ended March 31,
 
 
2020
 
2019
 
 
(in thousands)
Balance, beginning of period
 
$
552

 
$
6,019

Transfers in
 

 
386

Valuation adjustments
 

 
(195
)
Proceeds from sale of OREO property
 
(42
)
 
(121
)
Loss on sale of OREO, net
 

 
(14
)
Balance, end of period
 
$
510

 
$
6,075