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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2024
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:
December 31, 2024December 31, 2023
Residential real estate$2,966 $1,211 
Commercial real estate5,681 8,407 
Residential land development19 4 
Commercial land development7 — 
Total$8,673 $9,622 
Changes in the Company’s OREO were as follows for the periods presented:
Total
OREO
Balance at December 31, 2022$1,763 
Transfers of loans10,738 
Impairments(18)
Dispositions(2,840)
Other(21)
Balance at December 31, 2023$9,622 
Transfers of loans5,037 
Impairments(438)
Dispositions(3,123)
Other(2,425)
Balance at December 31, 2024$8,673 
At December 31, 2024 and 2023, the amortized cost of loans secured by Real Estate - 1-4 Family Mortgage in the process of foreclosure was $505 and $395, respectively.
Components of the line item “Other real estate owned” in the Consolidated Statements of Income were as follows, as of the dates presented:
 Year Ended December 31,
 202420232022
Repairs and maintenance$372 $103 $54 
Property taxes and insurance280 427 93 
Impairments438 18 110 
Net gains on OREO sales(227)(275)(703)
Rental income(5)(6)(7)
Total$858 $267 $(453)