Other real estate owned (Tables)

9 Months Ended

Sep. 30, 2024

Other Real Estate [Abstract]

Other real estate owned

For the quarter ended September 30, 2024

OREO

OREO

(In thousands)

Commercial/Construction

Mortgage

Total

Balance at beginning of period

$

9,428

$

60,797

$

70,225

Write-downs in value

(39)

(549)

(588)

Additions

1,125

7,966

9,091

Sales

(588)

(15,112)

(15,700)

Ending balance

$

9,926

$

53,102

$

63,028

For the quarter ended September 30, 2023

OREO

OREO

(In thousands)

Commercial/Construction

Mortgage

Total

Balance at beginning of period

$

11,819

$

74,397

$

86,216

Write-downs in value

(123)

(567)

(690)

Additions

257

14,795

15,052

Sales

(900)

(17,356)

(18,256)

Ending balance

$

11,053

$

71,269

$

82,322

For the nine months ended September 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

(1,103)

(1,260)

(2,363)

Additions

6,985

32,748

39,733

Sales

(7,145)

(47,548)

(54,693)

Other adjustments

-

(65)

(65)

Ending balance

$

9,926

$

53,102

$

63,028

For the nine months ended September 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

(362)

(1,587)

(1,949)

Additions

1,524

54,625

56,149

Sales

(2,626)

(58,277)

(60,903)

Other adjustments

17

(118)

(101)

Ending balance

$

11,053

$

71,269

$

82,322