Other Real Estate (Tables)

3 Months Ended

Mar. 31, 2023

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):

	Three Months Ended March 31,
	2023			2022
Balance at beginning of period	$	1,986		$	4,557
Additions		300			45
Disposals		(542	)		(1,868	)
(Write-downs) recoveries		(60	)		453
Balance at end of period	$	1,684		$	3,187
Gains (losses), net on the sale of other real estate included in    other real estate expense	$	(77	)	$	(455	)

Other Real Estate, by Type of Property

At March 31, 2023 and December 31, 2022, other real estate by type of property consisted of the following ($ in thousands):

	March 31, 2023		December 31, 2022
1-4 family residential properties	$	1,273	$	1,128
Nonfarm, nonresidential properties		411		561
Other real estate properties		—		297
Total other real estate	$	1,684	$	1,986

Other Real Estate, by Geographic Location

At March 31, 2023 and December 31, 2022, other real estate by geographic location consisted of the following ($ in thousands):

	March 31, 2023		December 31, 2022
Alabama	$	—	$	194
Mississippi (1)		1,495		1,769
Tennessee (2)		189		23
Total other real estate	$	1,684	$	1,986

(1)Mississippi includes Central and Southern Mississippi Regions.

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