OTHER REAL ESTATE OWNED (Table)

6 Months Ended

Jun. 30, 2019

Other Real Estate Owned Table Abstract

Schedule of other real estate

The following table summarizes the activity in other real estate owned for the six months ended June 30, 2019 and the year ended December 31, 2018:

		June 30,		December 31,
(Dollars are in thousands)		2019		2018
Balance, beginning of period	$	5,937	$	6,859
Additions		45		1,719
Proceeds from sales		(1,039)		(1,405)
Proceeds from insurance claims		(19)		-
Loans made to finance sales		(647)		(569)
Adjustment of carrying value		(214)		(542)
Deferred gain from sales		-		10
Losses from sales		(39)		(135)
Balance, end of period	$	4,024	$	5,937