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Foreclosed Real Estate
 9 Months Ended
Sep. 30, 2024
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Foreclosed Real Estate

Note 8: Foreclosed Real Estate

 

The Company is required to disclose the carrying amount of foreclosed real estate properties held as a result of obtaining physical possession of the property at each reporting period.

 

(In thousands)

 

Number of
properties

 

 

September 30,
2024

 

 

Number of properties

 

 

December 31,
2023

 

Foreclosed real estate

 

 

-

 

 

$

-

 

 

 

4

 

 

$

151

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At September 30, 2024 and December 31, 2023, the Company reported $1.7 million and $1.3 million, respectively, in real estate loans in the process of foreclosure.