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Other Real Estate Acquired in Settlement of Loans
 12 Months Ended
Dec. 31, 2021
Other Real Estate [Abstract]  
Other Real Estate Acquired in Settlement of Loans Other Real Estate Acquired in Settlement of Loans
(in thousands)20212020
Commercial$643 $920 
Real estate construction - commercial10,166 10,986 
Real estate mortgage - residential117 201 
Real estate mortgage - commercial2,510 2,798 
Total$13,436 $14,905 
Less valuation allowance for other real estate owned(2,911)(2,614)
Total other real estate owned$10,525 $12,291 
Changes in the net carrying amount of other real estate owned for the years indicated:
Balance at December 31, 2019
$15,737 
Additions73 
Proceeds from sales(516)
Charge-offs against the valuation allowance for other real estate owned, net(347)
Donation(266)
Net gain on sales224 
Balance at December 31, 2020
$14,905 
Additions723 
Proceeds from sales(1,551)
Charge-offs against the valuation allowance for other real estate owned, net(668)
Net gain on sales27 
Total other real estate owned$13,436 
Less valuation allowance for other real estate owned(2,911)
Balance at December 31, 2021
$10,525 
At December 31, 2021, $0.2 million of consumer mortgage loans secured by residential real estate properties were in the process of foreclosure compared to $0.3 million of consumer mortgage loans in the process of foreclosure at December 31, 2020.
Activity in the valuation allowance for other real estate owned in settlement of loans for the years indicated:
(in thousands)202120202019
Balance, beginning of period$2,614 $2,956 $3,002 
Provision for other real estate owned 965 5 49 
Charge-offs(668)(347)(95)
Balance, end of period$2,911 $2,614 $2,956