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

9 Months Ended

Sep. 30, 2022

Real Estate [Abstract]

Analysis of OREO Activity

An analysis of activity follows.

	Nine Months Ended September 30,				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	—		(932)		(1,722)
Valuation allowance	—		(641)		(1,387)
Balance at end of period	$	—	$	1,536	$	—

Expenses Applicable to OREO Assets

Expenses applicable to OREO assets included the following.

	Nine Months Ended September 30,
(dollars in thousands)	2022		2021
Valuation allowance	$	—	$	641
Losses (gains) on dispositions	—		(16)
Operating expenses	6		64
	$	6	$	689