Foreclosed Assets

12 Months Ended

Dec. 31, 2020

NOTE 5 — Foreclosed Assets

There were no foreclosed assets held as of December 31, 2020 and December 31, 2019.

A summary of the Company’s foreclosed asset activity is presented below.


	Years ended December 31,
	2020		2019
Foreclosed assets, beginning of period	$	—	$	—
Loans receivable transferred		—		134
Gain on sales		—		103
Proceeds from sales		—		(237	)
Write downs		—		—
Other		—		—

Foreclosed assets, end of period	$	—	$	—