OTHER REAL ESTATE OWNED

12 Months Ended

Dec. 31, 2024

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, 2024 and 2023:

	2024			2023
(Dollars in thousands)
Balance, beginning of year	$	157		$	261
Additions		1,330			124
Proceeds from sales		(1,474	)		(132	)
Adjustment of carrying value		(9	)		—
Gains (losses) from sales		83			(96	)
Balance, end of year	$	87		$	157

As of December 31, 2024, one loan secured by residential real estate totaling approximately $16,000 was in the process of foreclosure. As of December 31, 2023, four loans totaling approximately $401,000 were in the process of foreclosure, of which three loans totaling $117,000 were secured by residential real estate.