6. Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2017

Table Text Block Supplement [Abstract]

Schedule of Components Of Other Real Estate Owned

The following schedule reflects the components of other real estate owned at December 31, 2017 and 2016:

(in 000’s)
	2017	2016
Commercial real estate	$ 294	$ 298
Residential real estate	332	149
Total	$ 626	$ 447

Schedule of Change in Other Real Estate Owned

A summary of the change in other real estate owned follows:

(in 000’s)	Year Ended December 31, 2017	Year Ended December 31, 2016
Beginning Balance	$ 447	$ 480
Additions, transfers from loans	184	-
Sales	-	(33)
Subtotal	631	447
Write-ups (write-downs)	(5)	-
Ending Balance	$ 626	$ 447

Schedule of Components of Net Expense of Other Real Estate Owned

The following table details the components of net expense of other real estate owned.

(in 000’s)	Year ended December 31, 2017		Year ended December 31, 2016
Insurance	$ 15	$ 23
Legal fees	-	16
Foreclosure fees	-	56
Maintenance	25	-
Professional fees	3	4
Real estate taxes	22	21
Utilities	3	2
Transfer-in write-up	5	-
Impairment charges	-	-
Other	5	4
Total	$ 78	$ 126