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Foreclosed Assets (Tables)
6 Months Ended
Jun. 30, 2019
ForeclosedAssetsAbstract [Abstract]  
Schedule of Foreclosed assets table text block
Foreclosed assets are summarized as follows:
 
  
June 30,
2019
  
December 31,
2018
 
  
(in thousands)
 
Commercial:
        
Real estate
 $—    $—   
Land development
  —     —   
Other
  90   —   
Residential real estate:
        
First mortgages
  44   —   
Construction
  —     —   
Consumer:
        
Home equity and lines of credit
  —     —   
Other
  —     —   
  
 
 
  
 
 
 
Total foreclosed assets
 $134  $—   
  
 
 
  
 
 
 
Schedule of no valuation allowance foreclosed assets table text block
A summary of the Bank’s foreclosed assets is presented below.
 
  
Six Months Ended June 30,
 
  
2019
  
2018
 
  
(in thousands)
 
Foreclosed assets, beginning of period
 $—    $—   
Loans receivable transferred
  134   —   
Sales, net of gain/loss
  —     —   
Write downs
  —     —   
Other
  —     —   
  
 
 
  
 
 
 
Foreclosed assets, end of period
 $134  $—