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Other Real Estate Owned
 12 Months Ended
Dec. 31, 2019
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Other Real Estate Owned Other Real Estate Owned

The following summarizes other real estate owned:

As of  December 31,
2019
 
2018
Real estate acquired in settlement of loans
$
279,000

 
$
584,000



Changes in the allowance for losses from other real estate owned were as follows:
For the years ended December 31,
2019
 
2018
 
2017
Balance at beginning of year
$
—

 
$
53,000

 
$
205,000

Losses charged to allowance
—

 
(53,000
)
 
(169,000
)
Provision charged to operating expenses
—

 
—

 
17,000

Balance at end of year
$
—

 
$
—

 
$
53,000