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Real Estate Owned (Tables)
 6 Months Ended
Jun. 30, 2020
Real Estate Owned [Abstract]  
Real Estate Owned
Real estate owned is summarized as follows:

  
June 30, 2020
    
December 31, 2019
  
   
(In Thousands)
  
             
One- to four-family
  
$
-
    
$
46
  
Multi-family
    
-
      
-
  
Construction and land
    
1,256
      
1,256
  
Commercial real estate
    
-
      
-
  
    Total real estate owned
    
1,256
      
1,302
  
Valuation allowance at end of period
    
(554
)
    
(554
)
    Total real estate owned, net
  
$
702
    
$
748
  

The following table presents the activity in the Company’s real estate owned:

  
Six months ended June 30,
  
   
2020
    
2019
  
   
(In Thousands)
  
Real estate owned at beginning of the period
  
$
748
    
$
2,152
  
Transferred from loans receivable
    
299
      
743
  
Sales (net of gains / losses)
    
(345
)
    
(1,201
)
Write downs
    
-
      
-
  
Other
    
-
      
(10
)
    Real estate owned at the end of the period
  
$
702
    
$
1,684