Other real estate owned (Tables)

6 Months Ended

Jun. 30, 2024

Other Real Estate [Abstract]

Other real estate owned

For the quarter ended June 30, 2024

OREO

OREO

(In thousands)

Commercial/Construction

Mortgage

Total

Balance at beginning of period

$

15,962

$

64,580

$

80,542

Write-downs in value

(1,039)

(427)

(1,466)

Additions

516

12,146

12,662

Sales

(6,011)

(15,502)

(21,513)

Ending balance

$

9,428

$

60,797

$

70,225

For the quarter ended June 30, 2023

OREO

OREO

(In thousands)

Commercial/Construction

Mortgage

Total

Balance at beginning of period

$

12,388

$

79,333

$

91,721

Write-downs in value

(45)

(269)

(314)

Additions

244

21,155

21,399

Sales

(785)

(25,822)

(26,607)

Other adjustments

17

-

17

Ending balance

$

11,819

$

74,397

$

86,216

For the six months ended June 30, 2024

OREO

OREO

(In thousands)

Commercial/Construction

Mortgage

Total

Balance at beginning of period

$

11,189

$

69,227

$

80,416

Write-downs in value

(1,064)

(711)

(1,775)

Additions

5,860

24,782

30,642

Sales

(6,557)

(32,436)

(38,993)

Other adjustments

-

(65)

(65)

Ending balance

$

9,428

$

60,797

$

70,225

For the six months ended June 30, 2023

OREO

OREO

(In thousands)

Commercial/Construction

Mortgage

Total

Balance at beginning of period

$

12,500

$

76,626

$

89,126

Write-downs in value

(239)

(1,020)

(1,259)

Additions

1,267

39,830

41,097

Sales

(1,726)

(40,921)

(42,647)

Other adjustments

17

(118)

(101)

Ending balance

$

11,819

$

74,397

$

86,216