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Other Real Estate Owned
9 Months Ended
Sep. 30, 2024
Real Estate [Abstract]  
Other Real Estate Owned Other real estate owned
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 the lower of the carrying amount of the underlying loan or the fair value of the real estate less costs to sell. The following table summarizes the other real estate owned for the three and nine months ended September 30, 2024 and 2023: 
Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Balance at beginning of period$4,173 $1,974 $3,192 $5,794 
Transfers from loans— 64 2,400 657 
Transfers to other assets— (75)— (75)
Proceeds from sale of other real estate owned(412)(537)(1,846)(5,692)
Gain on sale of other real estate owned18 93 33 835 
Write-downs and partial liquidations— (15)— (15)
Balance at end of period$3,779 $1,504 $3,779 $1,504 
Included within the other real estate owned balance above, foreclosed residential real estate properties totaled $2,651 and $2,414 as of September 30, 2024 and December 31, 2023, respectively.
The recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $6,203 and $3,377 as of September 30, 2024 and December 31, 2023, respectively.