OTHER REAL ESTATE OWNED ("OREO") (Tables)

3 Months Ended

Mar. 31, 2021

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)	2021		2020		2020
Balance at beginning of year	$	3,109	$	7,773	$	7,773
Additions of underlying property	—		—		1,240
Disposals of underlying property	(600)		(703)		(2,882)
Valuation allowance	(180)		(732)		(3,022)
Balance at end of period	$	2,329	$	6,338	$	3,109

Expenses applicable to OREO assets

Expenses applicable to OREO assets included the following.

	Three Months Ended March 31,
(dollars in thousands)	2021		2020
Valuation allowance	$	180	$	732
Losses (gains) on dispositions	(22)		3
Operating expenses	23		47
	$	181	$	782