Other Real Estate (Tables)

3 Months Ended

Mar. 31, 2021

For the periods presented, changes and gains (losses), net on other real estate were as follows ($ in thousands):

	Three Months Ended March 31,
	2021			2020
Balance at beginning of period	$	11,651		$	29,248
Additions		—			336
Disposals		(850	)		(3,741	)
Write-downs		(150	)		(996	)
Balance at end of period	$	10,651		$	24,847

Gains (losses), net on the sale of other real estate included in other real estate expense	$	59		$	(70	)

At March 31, 2021 and December 31, 2020, other real estate by type of property consisted of the following ($ in thousands):

	March 31, 2021		December 31, 2020
Construction, land development and other land properties	$	3,624	$	3,857
1-4 family residential properties		1,334		1,349
Nonfarm, nonresidential properties		5,693		6,445
Total other real estate	$	10,651	$	11,651

At March 31, 2021 and December 31, 2020, other real estate by geographic location consisted of the following ($ in thousands):

(1)	Mississippi includes Central and Southern Mississippi Regions.

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