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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2022
Real Estate [Abstract]  
Other Real Estate Owned Other Real Estate Owned
(In Thousands)
The following table provides details of the Company’s other real estate owned (“OREO”), net of valuation allowances and direct write-downs, as of the dates presented:
Total
OREO
December 31, 2022
Residential real estate$699 
Commercial real estate62 
Residential land development246 
Commercial land development756 
Total$1,763 
December 31, 2021
Residential real estate$259 
Commercial real estate761 
Residential land development305 
Commercial land development1,215 
Total$2,540 
Changes in the Company’s OREO were as follows for the periods presented:
Total
OREO
Balance at December 31, 2020$5,972 
Transfers of loans3,180 
Impairments(306)
Dispositions(6,166)
Other(140)
Balance at December 31, 2021$2,540 
Transfers of loans2,207 
Impairments(110)
Dispositions(2,875)
Other1 
Balance at December 31, 2022$1,763 
At December 31, 2022 and 2021, the amortized cost of loans secured by Real Estate - 1-4 Family Mortgage in the process of foreclosure was $375 and $22, respectively.
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,
 202220212020
Repairs and maintenance$54 $79 $279 
Property taxes and insurance93 69 364 
Impairments110 306 2,160 
Net gains on OREO sales(703)(176)(23)
Rental income(7)(25)(26)
Total$(453)$253 $2,754