Other Real Estate (Tables)

9 Months Ended

Sep. 30, 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):

	Nine Months Ended September 30,
	2023			2022
Balance at beginning of period	$	1,986		$	4,557
Additions		5,434			1,430
Disposals		(1,903	)		(2,503	)
(Write-downs) recoveries		(32	)		(513	)
Balance at end of period	$	5,485		$	2,971
Gains (losses), net on the sale of other real estate included in    other real estate expense	$	(159	)	$	(465	)

Other Real Estate, by Type of Property

At September 30, 2023 and December 31, 2022, other real estate by type of property consisted of the following ($ in thousands):

	September 30, 2023		December 31, 2022
1-4 family residential properties	$	902	$	1,128
Nonfarm, nonresidential properties		4,528		561
Other real estate properties		55		297
Total other real estate	$	5,485	$	1,986

Other Real Estate, by Geographic Location

At September 30, 2023 and December 31, 2022, other real estate by geographic location consisted of the following ($ in thousands):

	September 30, 2023		December 31, 2022
Alabama	$	315	$	194
Mississippi (1)		942		1,769
Tennessee (2)		—		23
Texas		4,228		—
Total other real estate	$	5,485	$	1,986

(1)Mississippi includes Central and Southern Mississippi Regions.

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