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OTHER REAL ESTATE OWNED
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
OTHER REAL ESTATE OWNED

NOTE 9 OTHER REAL ESTATE OWNED: 

 

The following table summarizes the activity in other real estate owned for the three months ended March 31, 2019 and the year ended December 31, 2018:

 

 (Dollars are in thousands) 

 

March 31, 

2019

  December 31, 2018
Balance, beginning of period $ 5,937 $ 6,859
Additions   -   1,719
Proceeds from sales   (856)   (1,405)
Proceeds from insurance claims   (19)   -
Loans made to finance sales   (94)   (569)
Adjustment of carrying value   (121)   (542)
Deferred gain from sales   -   10
Losses (gains) from sales   8   (135)
Balance, end of period $ 4,855 $ 5,937