Other Real Estate Owned ("OREO") (Tables)

3 Months Ended

Mar. 31, 2020

Real Estate [Abstract]

Analysis of OREO activity

An analysis of OREO activity follows.

	Three Months Ended March 31,				Years Ended December 31,
(dollars in thousands)	2020		2019		2019
Balance at beginning of year	$	7,773	$	8,111	$	8,111
Additions of underlying property	—		3,215		3,567
Disposals of underlying property	(703)		(316)		(3,004)
Valuation allowance	(732)		(61)		(901)
Balance at end of period	$	6,338	$	10,949	$	7,773

Expenses applicable to OREO assets

Expenses applicable to OREO assets included the following.

	Three Months Ended March 31,
(dollars in thousands)	2020		2019
Valuation allowance	$	732	$	61
Losses (gains) on dispositions	3		(10)
Operating expenses	47		5
	$	782	$	56