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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2021
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Other Real Estate Owned [Text Block] Other Real Estate Owned
The following table sets forth activity in OREO for the periods indicated:
Years Ended December 31,
20212020
(in thousands)
Balance, beginning of period$553 $552 
Transfers in— 1,033 
Valuation adjustments(140)(70)
Proceeds from sale of OREO property(132)(1,066)
Gain on sale of OREO, net100 104 
Balance, end of period$381 $553 
At December 31, 2021, there were no foreclosed residential real estate properties held as a result of obtaining physical possession and the recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process was $47 thousand.