OTHER REAL ESTATE HELD FOR SALE (Tables)

12 Months Ended

Dec. 31, 2019

OTHER REAL ESTATE HELD FOR SALE

Schedule of analysis of other real estate held for sale

An analysis of other real estate held for sale for the years ended December 31 is as follows (dollars in thousands):

	2019		2018
Balance, January 1	$	3,119	$	3,558
Other real estate transferred from loans due to foreclosure		1,629		1,878
Other real estate acquired in business combinations		—		263
Proceeds from other real estate sold/ principal reduction		(1,329)		(2,398)
Transfer to premise and equipment		(1,013)		—
Writedowns of other real estate held for sale		(181)		(125)
Gain (loss) on sale of other real estate held for sale		(31)		(57)
Total other real estate held for sale	$	2,194	$	3,119