FORECLOSED ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

FORECLOSED ASSETS [Abstract]

Foreclosed Assets Activity

Foreclosed assets activity was as follows:

	2021			2020			2019
Beginning balance	$	1,353		$	1,883		$	2,285
Additions		927			1,867			3,469
Sales, net		(1,248	)		(2,397	)		(3,871	)
Current year valuation write-down		—			—			—
Ending balance	$	1,032		$	1,353		$	1,883

Activity in Valuation Allowance

Activity in the valuation allowance was as follows:

	2021		2020		2019
Beginning balance	$	—	$	—	$	—
Current year valuation write-down		—		—		—
Reductions from sales		—		—		—
Ending balance	$	—	$	—	$	—

Net Expenses Related to Foreclosed Assets

Net expenses related to foreclosed assets include:

	2021			2020			2019
Net loss (gain) on sales	$	(44	)	$	(40	)	$	37
Current year valuation write-down		—			—			—
Operating expenses, net of rental income		57			75			71
Foreclosed assets expense, net	$	13		$	35		$	108