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OTHER REAL ESTATE OWNED
12 Months Ended
Dec. 31, 2021
Real Estate [Abstract]  
OTHER REAL ESTATE OWNED

NOTE 14 OTHER REAL ESTATE OWNED

 

The following table summarizes the activity in other real estate owned for the years ended December 31, 2021 and 2020:

 

          
   2021  2020
(Dollars are in thousands)          
Balance, beginning of year  $3,334   $3,393 
Additions   566    1,128 
Transfers from premises and equipment   950    —   
Proceeds from sales   (2,645)   (687)
Proceeds from insurance claims   (54)   —   
Loans made to finance sales   (400)   (428)
Adjustment of carrying value   (466)   (132)
Gains (losses) from sales   76    60 
Balance, end of year  $1,361   $3,334