Other real estate owned

12 Months Ended

Dec. 31, 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 years ended December 31, 2021, 2020, and 2019:


	Year Ended
	December 31,
		2021		2020		2019
Balance at beginning of period		$	12,111	$	18,939	$	12,643
Transfers from loans		5,262		2,746		5,487
Transfers to premises and equipment		—		(841)		4,290

Proceeds from sale of other real estate owned		(9,396)		(6,937)		(3,860)
Gain on sale of other real estate owned		3,248		354		1,058
Loans provided for sales of other real estate owned		(704)		(305)		(166)
Write-downs and partial liquidations		(744)		(1,845)		(513)

Balance at end of period		$	9,777	$	12,111	$	18,939

Foreclosed residential real estate properties totaled $775 and $1,890 as of December 31, 2021 and 2020, respectively. At December 31, 2021, there were no investments in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process. The recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $167 at December 31, 2020.

Excess land and facilities held for sale resulting from branch consolidations totaled $3,348 and $5,703 as of December 31, 2021 and 2020, respectively.