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Other Real Estate Owned
12 Months Ended
Dec. 31, 2019
Banking and Thrift [Abstract]  
Other Real Estate Owned
Other Real Estate Owned
Changes in other real estate owned during the years ended December 31, 2019, 2018 and 2017 were as follows:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(In thousands
Balance at the beginning of the year
$
1,983

 
$

 
$
754

Additions

 
434

 
32

Additions from acquisitions

 
1,796

 

Proceeds from dispositions
(864
)
 
(198
)
 
(930
)
(Loss) gain on sale, net
(227
)
 

 
144

Valuation adjustment
(51
)
 
(49
)
 

Balance at the end of the year
$
841

 
$
1,983

 
$



At December 31, 2019, there was no other real estate owned that was the result of foreclosure and obtaining physical possession of residential real estate properties. At December 31, 2019, there were no consumer mortgage loans secured by residential real estate properties (included in the one-to-four family residential loans in Note (4) Loans Receivable) for which formal foreclosure proceedings were in process.