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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2020
Real Estate [Abstract]  
Other real estate owned ("OREO") covered and not covered under a loss-share agreement, net of valuation allowances and direct write-downs
The following table provides details of the Company’s other real estate owned (“OREO”) purchased and non purchased, net of valuation allowances and direct write-downs, as of the dates presented:
Purchased OREONon Purchased OREOTotal
OREO
December 31, 2020
Residential real estate$72 $107 $179 
Commercial real estate1,741 924 2,665 
Residential land development337 676 1,013 
Commercial land development1,777 338 2,115 
Total$3,927 $2,045 $5,972 
December 31, 2019
Residential real estate$890 $415 $1,305 
Commercial real estate2,106 1,548 3,654 
Residential land development530 369 899 
Commercial land development1,722 430 2,152 
Total$5,248 $2,762 $8,010 
Changes in OREO covered and not covered under a loss-share agreement
Changes in the Company’s purchased and non purchased OREO were as follows for the periods presented:
Purchased OREONon Purchased OREOTotal
OREO
Balance at December 31, 2018$6,187 $4,853 $11,040 
Transfers of loans2,287 2,477 4,764 
Impairments(890)(375)(1,265)
Dispositions(2,305)(4,193)(6,498)
Other(31)— (31)
Balance at December 31, 2019$5,248 $2,762 $8,010 
Transfers of loans4,058 4,530 8,588 
Impairments(1,581)(579)(2,160)
Dispositions(3,747)(4,668)(8,415)
Other(51)— (51)
Balance at December 31, 2020$3,927 $2,045 $5,972 
Components of "Other real estate owned" in the Consolidated Statements of Income
Components of the line item “Other real estate owned” in the Consolidated Statements of Income were as follows, as of the dates presented:
 December 31,
 202020192018
Repairs and maintenance$279 $326 $425 
Property taxes and insurance364 343 385 
Impairments2,160 1,265 1,545 
Net (gains) losses on OREO sales(23)94 (423)
Rental income(26)(15)(40)
Total$2,754 $2,013 $1,892