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Real Estate Owned and Repossessed Assets
 12 Months Ended
Dec. 31, 2019
Real Estate Owned and Repossessed Assets Disclosure [Abstract]  
Real Estate Owned and Repossessed Assets
Real Estate Owned and Repossessed Assets

Real estate owned and repossessed assets are included in other assets on the balance sheet.

The following table presents the activity in real estate owned and repossessed assets for the periods shown:
 
For the Year Ended December 31,
 
2019
 
2018
 
(In thousands)
Beginning balance
$
124

 
$
23

Loans transferred to foreclosed assets
412

 
276

Sales
(376
)
 
(146
)
Market value adjustments
(10
)
 
(3
)
Net gain (loss) on sales
4

 
(26
)
Ending balance
$
154

 
$
124



The following table presents the breakout of real estate owned and repossessed assets by type as of:
 
December 31, 2019
 
December 31, 2018
 
 (In thousands)
Land
$
62

 
$
72

Personal property
92

 
52

 
 
 
 
 
$
154

 
$
124