Other Real Estate Owned and Bank Premises Held for Sale

6 Months Ended

Jun. 30, 2022

Other Real Estate Owned and Bank Premises Held for Sale

Other Real Estate Owned and Bank Premises Held for Sale

Note 8 — Other Real Estate Owned and Bank Premises Held for Sale

The following is a summary of information pertaining to OREO and Bank Premises Held for Sale:

(Dollars in thousands)	OREO		Bank Premises Held For Sale		Total
Balance, December 31, 2021	$	2,736	$	9,578	$	12,314
Additions, net		1,151		1,260		2,411
Write-downs		(106)		(70)		(176)
Sold		(2,350)		(5,076)		(7,426)
Balance, June 30, 2022	$	1,431	$	5,692	$	7,123

At June 30, 2022, there were a total of 9 properties included in OREO compared to 12 properties at December 31, 2021. At June 30, 2022, there were a total of 8 properties included in bank premises held for sale which compares to 9 properties included in premises held for sale, at December 31, 2021. At June 30, 2022, we had $261,000 in residential real estate included in OREO and $4.8 million in residential real estate consumer mortgage loans in the process of foreclosure.