XML 22 R11.htm IDEA: XBRL DOCUMENT v3.25.2
Other Real Estate and Other Assets Acquired in Settlement of Loans
 6 Months Ended
Jun. 30, 2025
Other Real Estate [Abstract]  
Other Real Estate and Other Assets Acquired in Settlement of Loans Other Real Estate and Other Assets Acquired in Settlement of Loans
June 30,December 31,
(dollars in thousands)20252024
Commercial$2,552 $— 
Real estate construction - commercial— 2,549 
Real estate mortgage - residential—42
Real estate mortgage - commercial98858
Total$2,650 $3,449 
Less valuation allowance for other real estate owned(225)(2,003)
Total other real estate owned and repossessed assets$2,425 $1,446 
At June 30, 2025, there were no consumer mortgage loans secured by residential real estate properties in the process of foreclosure compared to $0.3 million at December 31, 2024.
Activity in the valuation allowance for other real estate owned was as follows for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2025202420252024
Balance at beginning of period$2,003$5,950$2,003$5,950
Provision for (release of) provision for valuation allowance for other real estate owned
184(386)184(386)
Charge-offs(1,962)(3,820)(1,962)(3,820)
Balance at end of period$225$1,744$225$1,744