Other Real Estate Owned (Tables)

9 Months Ended

Sep. 30, 2020

Notes Tables

Summary of changes in Other Real Estate Owned ("OREO")

The following table shows changes in Other Real Estate Owned (“OREO”) during the periods indicated:

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
	(In thousands)
Balance at beginning of period	$	208	$	239	$	239	$	—
Acquisitions		—		—		—		239
Reductions to carrying value		—		—		(31)		—
Sales		(208)		—		(208)		—
Balance at end of period	$	—	$	239	$	—	$	239

Schedule of the gross gains, gross losses and write-downs of OREO reported in the Consolidated Statements of Income

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
	(In thousands)
Gross gains	$	—	$	—	$	—	$	—
Gross losses		(5)		—		(5)		—
Write-down of carrying value		—		—		(31)		—
Total income	$	(5)	$	—	$	(36)	$	—