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Note 8: Other Real Estate Owned: Schedule of Major Classifications of Foreclosed Assets (Tables)
9 Months Ended
Sep. 30, 2020
Tables/Schedules  
Schedule of Major Classifications of Foreclosed Assets

 

 

 

September 30,

 

 

December 31,

 

 

2020

 

 

2019

 

 

(In Thousands)

 

 

 

Foreclosed assets held for sale and repossessions

 

 

 

 

 

  One- to four-family construction

$

-

 

$

-

  Subdivision construction

 

350

 

 

689

  Land development

 

1,075

 

 

1,816

  Commercial construction

 

-

 

 

-

  One- to four-family residential

 

-

 

 

601

  Other residential

 

-

 

 

-

  Commercial real estate

 

-

 

 

-

  Commercial business

 

-

 

 

-

  Consumer

 

196

 

 

545

 

 

1,621

 

 

3,651

  Foreclosed assets acquired through FDIC-assisted

 

 

 

 

 

     transactions, net of discounts

 

446

 

 

1,003

 

 

 

 

 

 

Foreclosed assets held for sale and repossessions, net

 

2,067

 

 

4,654

 

 

 

 

 

 

  Other real estate owned not acquired through foreclosure

 

940

 

 

871

 

 

 

 

 

 

Other real estate owned and repossessions

$

3,007

 

$

5,525