XML 41 R30.htm IDEA: XBRL DOCUMENT v3.25.1
Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2025
Real Estate [Abstract]  
Schedule of 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:
 
March 31, 2025December 31, 2024
Residential real estate$3,160 $2,966 
Commercial real estate5,468 5,681 
Residential land development19 19 
Commercial land development
Total$8,654 $8,673 
Schedule of Changes in Company’s OREO
Changes in the Company’s OREO were as follows:
 
Total
OREO
Balance at January 1, 2025$8,673 
Transfers of loans1,296 
Impairments(564)
Dispositions(744)
Other(7)
Balance at March 31, 2025$8,654 
Schedule of 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 for the periods presented:
 
Three Months Ended
 March 31,
 20252024
Repairs and maintenance$74 $64 
Property taxes and insurance49 29 
Impairments564 28 
Net gains on OREO sales(2)(13)
Rental income— (1)
Total$685 $107