XML 25 R15.htm IDEA: XBRL DOCUMENT v3.21.2
Other Real Estate Owned
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
2021202020212020
(in thousands)
Balance, beginning of period$521 $510 $553 $552 
Transfers in— 558 — 558 
Valuation adjustments(140)— (140)— 
Proceeds from sale of OREO property— (303)(132)(345)
Gain (loss) on sale of OREO, net— (18)100 (18)
Balance, end of period$381 $747 $381 $747 
At June 30, 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 $166 thousand.