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Other Real Estate (Tables)
12 Months Ended
Dec. 31, 2022
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):

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Balance at beginning of period

 

$

4,557

 

 

$

11,651

 

 

$

29,248

 

Additions

 

 

1,533

 

 

 

770

 

 

 

635

 

Disposals

 

 

(4,142

)

 

 

(6,932

)

 

 

(16,446

)

(Write-downs) recoveries

 

 

38

 

 

 

(932

)

 

 

(1,786

)

Balance at end of period

 

$

1,986

 

 

$

4,557

 

 

$

11,651

 

 

 

 

 

 

 

 

 

 

 

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

 

$

(1,006

)

 

$

(1,869

)

 

$

897

 

Other Real Estate, By Type of Property

At December 31, 2022 and 2021, other real estate by type of property consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

1-4 family residential properties

 

$

1,128

 

 

$

94

 

Nonfarm, nonresidential properties

 

 

561

 

 

 

4,463

 

Other real estate properties

 

 

297

 

 

 

 

Total other real estate

 

$

1,986

 

 

$

4,557

 

 

Other Real Estate, By Geographic Location

At December 31, 2022 and 2021, other real estate by geographic location consisted of the following ($ in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Alabama

 

$

194

 

 

$

 

Mississippi (1)

 

 

1,769

 

 

 

4,557

 

Tennessee (2)

 

 

23

 

 

 

 

Total other real estate

 

$

1,986

 

 

$

4,557

 

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