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OTHER REAL ESTATE OWNED
6 Months Ended
Jun. 30, 2023
Real Estate [Abstract]  
OTHER REAL ESTATE OWNED

NOTE 10 OTHER REAL ESTATE OWNED

 

The following table summarizes the activity in other real estate owned for the six months ended June 30, 2023, and the year ended December 31, 2022:

 

          
(Dollars are in thousands)  June 30,
2023
  December 31, 2022
Balance, beginning of period  $261   $1,361 
Additions            
Transfers from premises and equipment            
Proceeds from sales         (207)
Loans made to finance sales         (711)
Adjustment of carrying value         (197)
Net gains from sales         15 
Balance, end of period  $261   $261 

 

As of June 30, 2023, four loans totaling $383,000 were in the process of foreclosure.