Other real estate owned

6 Months Ended

Jun. 30, 2021

The amount reported as other real estate owned includes property acquired through foreclosure in addition to excess facilities held for sale and is carried at fair value less estimated cost to sell the property. The following table summarizes the other real estate owned for the three and six months ended June 30, 2021 and 2020:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
Balance at beginning of period	$	11,177	$	17,072	$	12,111	$	18,939
Transfers from loans	3,201		641		4,596		1,006
Transfers to premises and equipment	—		—		—		(841)

Proceeds from sale of other real estate owned	(2,166)		(2,708)		(4,661)		(4,150)
Gain on sale of other real estate owned	272		170		1,100		345
Loans provided for sales of other real estate owned	(203)		—		(533)		—
Write-downs and partial liquidations	(295)		(84)		(627)		(208)
Balance at end of period	$	11,986	$	15,091	$	11,986	$	15,091

Foreclosed residential real estate properties totaled $774 and $1,890 as of June 30, 2021 and December 31, 2020, respectively. The recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $31 and $167 at June 30, 2021 and December 31, 2020, respectively.

Excess land and facilities held for sale resulting from branch consolidations totaled $5,498 and $5,703 as of June 30, 2021 and December 31, 2020, respectively.