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Other Real Estate Owned, Net (Tables)
6 Months Ended
Jun. 30, 2020
Other Real Estate Owned, Net [Abstract]  
Schedule of Real Estate Properties

(in thousands)

June 30,
2020

December 31,
2019

Commercial real estate

$

2,256

$

2,256

Acquisition and development

1,670

1,780

Residential mortgage

91

Total OREO, net

$

3,926

$

4,127

Schedule of Activity in OREO Valuation Allowance

Six Months Ended

Three Months Ended

June 30,

June 30,

(in thousands)

2020

2019

2020

2019

Balance beginning of period

$

1,790

$

1,988

$

1,780

$

1,366

Fair value write-down

39

828

13

711

Sales of OREO

(95)

(803)

(59)

(64)

Balance at end of period

$

1,734

$

2,013

$

1,734

$

2,013

Schedule of Components of OREO Expenses, Net

Six Months Ended

Three Months Ended

June 30,

June 30,

(in thousands)

2020

2019

2020

2019

Gains on real estate, net

$

(21)

$

(11)

$

(11)

$

19

Fair value write-down, net

39

828

13

711

Expenses, net

65

166

31

91

Rental and other income

(86)

(54)

(36)

(35)

Total OREO expense, net

$

(3)

$

929

$

(3)

$

786