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Other Real Estate (Tables)
6 Months Ended
Jun. 30, 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):

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

29,248

 

 

$

34,668

 

Additions

 

 

406

 

 

 

2,101

 

Disposals

 

 

(10,534

)

 

 

(3,859

)

Write-downs

 

 

(844

)

 

 

(1,667

)

Balance at end of period

 

$

18,276

 

 

$

31,243

 

 

 

 

 

 

 

 

 

 

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

   other real estate expense

 

$

(255

)

 

$

246

 

 

Other Real Estate, By Type of Property

At June 30, 2020 and December 31, 2019, other real estate by type of property consisted of the following ($ in thousands):

 

 

June 30, 2020

 

 

December 31, 2019

 

Construction, land development and other land properties

 

$

8,341

 

 

$

11,482

 

1-4 family residential properties

 

 

1,992

 

 

 

3,453

 

Nonfarm, nonresidential properties

 

 

7,943

 

 

 

14,313

 

Total other real estate

 

$

18,276

 

 

$

29,248

 

Other Real Estate, By Geographic Location

At June 30, 2020 and December 31, 2019, other real estate by geographic location consisted of the following ($ in thousands):

 

 

June 30, 2020

 

 

December 31, 2019

 

Alabama

 

$

4,766

 

 

$

8,133

 

Florida

 

 

3,665

 

 

 

5,877

 

Mississippi (1)

 

 

9,408

 

 

 

14,919

 

Tennessee (2)

 

 

437

 

 

 

319

 

Texas

 

 

 

 

 

 

Total other real estate

 

$

18,276

 

 

$

29,248

 

 

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.