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

3 Months Ended

Mar. 31, 2022

Real Estate [Abstract]

Analysis of OREO activity

An analysis of activity follows.

	Three Months Ended March 31,				Years Ended December 31,
(dollars in thousands)	2022		2021		2021
Balance at beginning of year	$	—	$	3,109	$	3,109
Additions of underlying property	—		—		—
Disposals of underlying property	—		(600)		(1,722)
Valuation allowance	—		(180)		(1,387)
Balance at end of period	$	—	$	2,329	$	—

Expenses applicable to OREO assets

Expenses applicable to OREO assets included the following.

	Three Months Ended March 31,
(dollars in thousands)	2022		2021
Valuation allowance	$	—	$	180
Losses (gains) on dispositions	—		(22)
Operating expenses	6		23
	$	6	$	181