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Other Real Estate Owned
3 Months Ended
Mar. 31, 2021
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Other Real Estate Owned Other Real Estate Owned
The following tables set forth activity in OREO for the periods indicated:
Three Months Ended
March 31,
20212020
(in thousands)
Balance, beginning of period$553 $552 
Proceeds from sale of OREO property(132)(42)
Gain on sale of OREO, net100 — 
Balance, end of period$521 $510 
At March 31, 2021, there were no foreclosed residential real estate properties held as OREO. The recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process was $167 thousand.