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

6 Months Ended

Jun. 30, 2020

Real Estate [Abstract]

Analysis of OREO activity

An analysis of OREO activity follows.

	Six Months Ended June 30,				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	—		3,249		3,567
Disposals of underlying property	(2,287)		(416)		(3,004)
Valuation allowance	(1,791)		(637)		(901)
Balance at end of period	$	3,695	$	10,307	$	7,773

Expenses applicable to OREO assets

Expenses applicable to OREO assets included the following.

	Six Months Ended June 30,
(dollars in thousands)	2020		2019
Valuation allowance	$	1,791	$	637
Losses (gains) on dispositions	9		(188)
Operating expenses	82		39
	$	1,882	$	488