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Other Real Estate Owned
3 Months Ended
Mar. 31, 2019
Banking And Thrift [Abstract]  
Other Real Estate Owned

NOTE 8 – OTHER REAL ESTATE OWNED

The following table presents activity in other real estate owned for the three months ended March 31, 2019 and 2018:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(dollars in thousands)

 

2019

 

 

2018

 

Balance at beginning of period

 

$

3,232

 

 

$

8,810

 

Additions

 

 

394

 

 

 

550

 

Sales

 

 

(272

)

 

 

(2,351

)

Impairments

 

 

(75

)

 

 

(274

)

Balance at end of period (1)

 

$

3,279

 

 

$

6,735

 

 

 

(1)

Includes repossessed personal property of $0.4 million at March 31, 2019 and $0.3 million at March 31, 2018.

 

Foreclosed residential real estate property included in the table above totaled $1.2 million at March 31, 2019 and $1.3 million at December 31, 2018.  Consumer mortgage loans collateralized by residential real property that were in the process of foreclosure totaled $3.7 million at March 31, 2019 and $4.9 million at December 31, 2018.