FORECLOSED ASSETS (Tables)

9 Months Ended

Sep. 30, 2022

FORECLOSED ASSETS

Schedule of foreclosed assets activity

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(dollars in thousands)
Beginning balance	$	2,891	$	7,757	$	3,278	$	4,168
Transfers from loans		—		—		27		4,856
Proceeds from sales		(29)		(354)		(476)		(1,583)
Sales through loan origination		—		(74)		—		(252)
Net gain on sales		20		108		118		321
Direct write-downs		(245)		(122)		(310)		(195)
Ending balance	$	2,637	$	7,315	$	2,637	$	7,315

Schedule of gains (losses) on foreclosed assets

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(dollars in thousands)
Direct write-downs	$	(245)	$	(122)	$	(310)	$	(195)
Net gain on sales		20		108		118		321
Gains (losses) on foreclosed assets	$	(225)	$	(14)	$	(192)	$	126