Other Real Estate Owned, Net (Tables)

9 Months Ended

Sep. 30, 2022

Other Real Estate Owned, Net [Abstract]

Components of OREO, Net of Related Valuation Allowance

(in thousands)	September 30, 2022		December 31, 2021
Acquisition and development	$	4,670	$	4,477
Residential mortgage		63		—
Total OREO, net	$	4,733	$	4,477

Schedule of Activity in OREO Valuation Allowance

	Nine Months Ended				Three Months Ended
	September 30,				September 30,
(in thousands)	2022		2021		2022		2021
Balance beginning of period	$	453	$	1,010	$	453	$	543
Fair value adjustment		—		(160)		—		—
Sales of OREO		—		(396)		—		(89)
Balance at end of period	$	453	$	454	$	453	$	454

Schedule of Components of OREO Expenses, Net

	Nine Months Ended				Three Months Ended
	September 30,				September 30,
(in thousands)	2022		2021		2022		2021
Gains on sale of real estate, net	$	—	$	(594)	$	—	$	2
Fair value adjustment, net		—		(160)		—		—
Expenses, net		378		345		129		150
Rental and other income		(3)		(51)		(1)		(2)
Total OREO expenses/(income), net	$	375	$	(460)	$	128	$	150