Foreclosed Assets Held For Sale	6 Months Ended
Jun. 30, 2020
Foreclosed Assets Held For Sale
Foreclosed Assets Held For Sale	(9) Foreclosed Assets Held For Sale Foreclosed assets acquired in the settlement of loans are carried at fair value less estimated costs to sell and are included in foreclosed real estate on the Consolidated Statements of Financial Condition. As of June 30, 2020, and December 31, 2019, foreclosed real estate totaled $586,000 and $404,000, respectively. As of June 30, 2020, included within the foreclosed assets totaling $586,000 were five residential properties and one commercial real estate property. The Company had initiated formal foreclosure procedures totaling $818,000 in one-to-four family residential loans, $64,000 in commercial real estate loans, and $75,000 in home equity loans. However, in response to the COVID-19 pandemic, the Company halted all foreclosure actions as of March 18, 2020.

Foreclosed Assets Held For Sale

6 Months Ended

Jun. 30, 2020

(9) Foreclosed Assets Held For Sale

Foreclosed assets acquired in the settlement of loans are carried at fair value less estimated costs to sell and are included in foreclosed real estate on the Consolidated Statements of Financial Condition. As of June 30, 2020, and December 31, 2019, foreclosed real estate totaled $586,000 and $404,000, respectively. As of June 30, 2020, included within the foreclosed assets totaling $586,000 were five residential properties and one commercial real estate property.

The Company had initiated formal foreclosure procedures totaling $818,000 in one-to-four family residential loans, $64,000 in commercial real estate loans, and $75,000 in home equity loans. However, in response to the COVID-19 pandemic, the Company halted all foreclosure actions as of March 18, 2020.