Other Real Estate Owned, Net (Tables)

6 Months Ended

Jun. 30, 2022

Other Real Estate Owned, Net [Abstract]

Components of OREO, Net of Related Valuation Allowance

(in thousands)	June 30, 2022		December 31, 2021
Acquisition and development	$	4,477	$	4,477
Residential mortgage		40		—
Total OREO, net	$	4,517	$	4,477

Schedule of Activity in OREO Valuation Allowance

	Six Months Ended				Three Months Ended
	June 30,				June 30,
(in thousands)	2022		2021		2022		2021
Balance beginning of period	$	453	$	1,010	$	453	$	1,004
Fair value adjustment		—		(160)		—		(164)
Sales of OREO		—		(307)		—		(297)
Balance at end of period	$	453	$	543	$	453	$	543

Schedule of Components of OREO Expenses, Net

	Six Months Ended				Three Months Ended
	June 30,				June 30,
(in thousands)	2022		2021		2022		2021
Gains on sale of real estate, net	$	—	$	(596)	$	—	$	(105)
Fair value adjustment, net		—		(160)		—		(164)
Expenses, net		249		195		153		72
Rental and other income		(2)		(49)		(1)		(1)
Total OREO expenses/(income), net	$	247	$	(610)	$	152	$	(198)