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Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2023
Other Real Estate Owned, Net [Abstract]  
Components of OREO, Net of Related Valuation Allowance

(in thousands)

    

2023

    

2022

Acquisition and development

$

4,281

$

4,670

Residential mortgage

212

63

Total OREO

$

4,493

$

4,733

Schedule of Activity in OREO Valuation Allowance

(in thousands)

    

2023

    

2022

Balance January 1

$

453

$

453

Fair value write-downs, net

23

Sales of OREO

(163)

Balance December 31

$

313

$

453

Schedule of Components of OREO Expenses, Net

(in thousands)

    

2023

    

2022

Gains on real estate, net

$

(599)

$

Fair value write-down

23

Expenses, net

491

595

Rental and other income

(4)

(5)

Total OREO (income)/expense, net

$

(89)

$

590