Other Real Estate Owned and Bank Premises Held for Sale

9 Months Ended

Sep. 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		1,889		21,003		22,892
Write-downs		(115)		(111)		(226)
Sold		(2,350)		(5,427)		(7,777)
Balance, September 30, 2022	$	2,160	$	25,043	$	27,203

At September 30, 2022, there were a total of 12 properties included in OREO compared to 12 properties at December 31, 2021. At September 30, 2022, there were a total of 28 properties included in bank premises held for sale which compares to 9 properties included in premises held for sale, at December 31, 2021. At September 30, 2022, we had $311,000 in residential real estate included in OREO and $4.0 million in residential real estate consumer mortgage loans in the process of foreclosure.