OTHER REAL ESTATE OWNED

12 Months Ended

Dec. 31, 2018

Real Estate Owned, Disclosure of Detailed Components [Abstract]

Other Real Estate Owned [Text Block]

NOTE11–OTHER REAL ESTATE OWNED

The following table presents OREO inventory as of the dates indicated:
		December 31,
(In thousands)		2018		2017
OREO
OREO balances, carrying value:
Residential (1)		$	49,239	$	54,381
Commercial			71,838		82,871
Construction			10,325		10,688
Total		$	131,402	$	147,940
(1)	Excludes $14.4 million and $21.3 million as of December 31, 2018 and 2017, respectively, of foreclosures that meet the conditions of ASC Topic 310-40 and are presented as a receivable (other assets) in the statement of financial condition.