XML 53 R38.htm IDEA: XBRL DOCUMENT v3.22.4
Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2022
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”), 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 Company’s OREO 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)
Other
Balance at December 31, 2022$1,763 
Components of OREO 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,
 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