Other Real Estate Owned and Bank Properties Held for Sale

3 Months Ended

Mar. 31, 2023

Other Real Estate Owned and Bank Properties Held for Sale

Other Real Estate Owned and Bank Premises Held for Sale

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

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

(Dollars in thousands)	OREO		Bank Properties Held for Sale		Total
Balance, December 31, 2022	$	1,023	$	17,754	$	18,777
Additions, net		2,826		—		2,826
Write-downs		—		(409)		(409)
Sold		(376)		(621)		(997)
Balance, March 31, 2023	$	3,473	$	16,724	$	20,197

At March 31, 2023, there were a total of six properties included in OREO compared to six properties at December 31, 2022. At March 31, 2023, there were a total of 16 properties included in bank properties held for sale which compares to 17 properties included in properties held for sale, at December 31, 2022. At March 31, 2023, we had no residential real estate included in OREO and $3.0 million in residential real estate consumer mortgage loans in the process of foreclosure.