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Other Real Estate (Tables)
9 Months Ended
Sep. 30, 2021
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]  
Changes and Gains (Losses), Net on Other Real Estate

For the periods presented, changes and gains (losses), net on other real estate were as follows ($ in thousands):

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

Balance at beginning of period

 

$

11,651

 

 

$

29,248

 

Additions

 

 

770

 

 

 

496

 

Disposals

 

 

(4,326

)

 

 

(11,823

)

Write-downs

 

 

(1,882

)

 

 

(1,673

)

Balance at end of period

 

$

6,213

 

 

$

16,248

 

 

 

 

 

 

 

 

Gains (losses), net on the sale of other real estate included in
   other real estate expense

 

$

(716

)

 

$

(388

)

Other Real Estate, By Type of Property

At September 30, 2021 and December 31, 2020, other real estate by type of property consisted of the following ($ in thousands):

 

 

September 30, 2021

 

 

December 31, 2020

 

Construction, land development and other land properties

 

$

922

 

 

$

3,857

 

1-4 family residential properties

 

 

395

 

 

 

1,349

 

Nonfarm, nonresidential properties

 

 

4,896

 

 

 

6,445

 

Total other real estate

 

$

6,213

 

 

$

11,651

 

Other Real Estate, By Geographic Location

At September 30, 2021 and December 31, 2020, other real estate by geographic location consisted of the following ($ in thousands):

 

 

September 30, 2021

 

 

December 31, 2020

 

Alabama

 

$

613

 

 

$

3,271

 

Mississippi (1)

 

 

5,600

 

 

 

8,330

 

Tennessee (2)

 

 

 

 

 

50

 

Total other real estate

 

$

6,213

 

 

$

11,651

 

(1)
Mississippi includes Central and Southern Mississippi Regions.
(2)
Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.