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Other Real Estate (Tables)
6 Months Ended
Jun. 30, 2021
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,

 

 

 

2021

 

 

2020

 

Balance at beginning of period

 

$

11,651

 

 

$

29,248

 

Additions

 

 

382

 

 

 

406

 

Disposals

 

 

(1,149

)

 

 

(10,534

)

Write-downs

 

 

(1,445

)

 

 

(844

)

Balance at end of period

 

$

9,439

 

 

$

18,276

 

 

 

 

 

 

 

 

 

 

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

   other real estate expense

 

$

18

 

 

$

(255

)

 

Other Real Estate, By Type of Property

At June 30, 2021 and December 31, 2020, other real estate by type of property consisted of the following ($ in thousands):

 

 

June 30, 2021

 

 

December 31, 2020

 

Construction, land development and other land properties

 

$

3,249

 

 

$

3,857

 

1-4 family residential properties

 

 

1,204

 

 

 

1,349

 

Nonfarm, nonresidential properties

 

 

4,986

 

 

 

6,445

 

Total other real estate

 

$

9,439

 

 

$

11,651

 

Other Real Estate, By Geographic Location

At June 30, 2021 and December 31, 2020, other real estate by geographic location consisted of the following ($ in thousands):

 

 

June 30, 2021

 

 

December 31, 2020

 

Alabama

 

$

2,830

 

 

$

3,271

 

Mississippi (1)

 

 

6,550

 

 

 

8,330

 

Tennessee (2)

 

 

59

 

 

 

50

 

Total other real estate

 

$

9,439

 

 

$

11,651

 

 

(1)

Mississippi includes Central and Southern Mississippi Regions.

(2)

Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.