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Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2021
Real Estate [Abstract]  
Change in Other Real Estate Owned

The following table presents the change in other real estate owned (“OREO”) for the three months ended March 31, 2021 and 2020:

 

 

 

Three Months Ended

March 31,

 

 

 

2021

 

 

2020

 

Beginning balance

 

$

6,350

 

 

$

9,896

 

Net additions to OREO

 

 

436

 

 

 

22

 

Proceeds from sales of OREO

 

 

(370

)

 

 

(264

)

Gains on sales of OREO

 

 

28

 

 

 

82

 

Valuation adjustments

 

 

(492

)

 

 

(463

)

   Ending balance

 

$

5,952

 

 

$

9,273