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Other Real Estate (Tables)
3 Months Ended
Mar. 31, 2020
Other Real Estate And Foreclosed 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,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

29,248

 

 

$

34,668

 

Additions

 

 

336

 

 

 

785

 

Disposals

 

 

(3,741

)

 

 

(1,658

)

Write-downs

 

 

(996

)

 

 

(1,656

)

Balance at end of period

 

$

24,847

 

 

$

32,139

 

 

 

 

 

 

 

 

 

 

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

   other real estate expense

 

$

(70

)

 

$

122

 

 

Other Real Estate, By Type of Property

At March 31, 2020 and December 31, 2019, other real estate by type of property consisted of the following ($ in thousands):

 

 

March 31, 2020

 

 

December 31, 2019

 

Construction, land development and other land properties

 

$

9,816

 

 

$

11,482

 

1-4 family residential properties

 

 

2,499

 

 

 

3,453

 

Nonfarm, nonresidential properties

 

 

12,532

 

 

 

14,313

 

Total other real estate

 

$

24,847

 

 

$

29,248

 

Other Real Estate, By Geographic Location

At March 31, 2020 and December 31, 2019, other real estate by geographic location consisted of the following ($ in thousands):

 

 

March 31, 2020

 

 

December 31, 2019

 

Alabama

 

$

6,229

 

 

$

8,133

 

Florida

 

 

4,835

 

 

 

5,877

 

Mississippi (1)

 

 

13,296

 

 

 

14,919

 

Tennessee (2)

 

 

487

 

 

 

319

 

Texas

 

 

 

 

 

 

Total other real estate

 

$

24,847

 

 

$

29,248

 

 

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.