Other Real Estate Owned (Tables)

9 Months Ended

Sep. 30, 2020

Real Estate Owned, Disclosure of Detailed Components [Abstract]

Activity in Other Real Estate Owned

The following table presents activity in OREO for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in thousands)	2020		2019		2020		2019
Balance at beginning of period	$	376	$	395	$	—	$	—
Additions	2,490		—		2,866		395
Sales	(2,490)		(329)		(2,490)		(329)
Net change in valuation allowance	—		(66)		—		(66)
Balance at end of period	$	376	$	—	$	376	$	—

The following table presents activity in OREO valuation allowance for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in thousands)	2020		2019		2020		2019
Balance at beginning of period	$	—	$	—	$	—	$	—
Additions	—		66		—		66
Net direct write-downs and removal from sale	—		(66)		—		(66)
Balance at end of period	$	—	$	—	$	—	$	—

The following table presents expenses related to OREOs for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in thousands)	2020		2019		2020		2019
Net (gain) loss on sales	$	—	$	—	$	—	$	1
Operating expenses, net of rental income	2		—		2		—
Total	$	2	$	—	$	2	$	1