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Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2020
Real Estate [Abstract]  
Summary of Real Estate Owned Assets Activity
Real estate owned is reported net of a valuation allowance and included in accrued interest receivable and other assets in the accompanying consolidated balance sheets. Activity for the years ended December 31, 2020, December 31, 2019, and December 31, 2018 is as follows:
December 31, 2020December 31, 2019December 31, 2018
Balance, beginning of year$1,633 $418 $710 
Loans transferred to real estate owned241 2,066 228 
Sales of real estate owned (at carrying value)(1,012)(851)(520)
Balance, end of year$862 $1,633 $418 
Summary of Expenses Related to Foreclosed Real Estate
Expenses related to foreclosed real estate include:
December 31, 2020December 31, 2019December 31, 2018
Net loss (gain) on sales$346 $(377)$(310)
Operating expenses, net of rental income240 316 283 
$586 $(61)$(27)