OTHER REAL ESTATE OWNED

9 Months Ended

Sep. 30, 2024

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 three months ended September 30, 2024, and the year ended December 31, 2023:

(Dollars in thousands)	September 30, 2024			December 31, 2023
Balance, beginning of period	$	157		$	261
Additions		1,023			124
Proceeds from sales		(164	)		(132	)
Net gains (losses) from sales		44			(96	)
Balance, end of period	$	1,060		$	157

As of September 30, 2024, four loans secured by residential real estate totaling $111,000 and one loan secured by commercial real estate totaling $268,000 were in the process of foreclosure.