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Other Real Estate Owned (Tables)
9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2020 and 2019:
Three Months EndedNine Months Ended
September 30,September 30,
2020201920202019
(in thousands)
Balance, beginning of period$747 $1,118 $552 $6,019 
Transfers in475 — 1,033 386 
Valuation adjustments— — — (195)
Proceeds from sale of OREO property(681)(588)(1,026)(6,382)
Gain on sale of OREO, net82 95 64 797 
Balance, end of period$623 $625 $623 $625