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FORECLOSED ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Repossessed Assets [Abstract]  
Schedule of Foreclosed Assets
A summary of foreclosed assets is presented as follows:
December 31,
20212020
Balance, beginning of year$10,224 $7,042 
Acquired through settlement of loans100 10,088 
Sales proceeds(7,187)(5,910)
Write-downs— (920)
Net gain (loss) on sales of foreclosed assets(207)76 
Receivable from SBA— (152)
Balance, end of year$2,930 $10,224 
Net expenses related to foreclosed assets include the following:
December 31,
20212020
Net (gain) loss on sales of foreclosed assets$207 $(76)
Write-downs— 920 
Operating expenses, net of rental income(366)102 
Net (income) expense$(159)$946