XML 22 R11.htm IDEA: XBRL DOCUMENT v3.26.1
Other Real Estate and Other Assets Acquired in Settlement of Loans
3 Months Ended
Mar. 31, 2026
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
The following table provides details of the Company’s other real estate and other assets acquired in the settlement of loans as of March 31, 2026 and December 31, 2025:
(dollars in thousands)March 31, 2026December 31, 2025
Real estate mortgage - commercial9898
Total$98 $98 
Less valuation allowance for other real estate owned(34)— 
Total other real estate owned and repossessed assets$64 $98 
At March 31, 2026, there were $0.2 million of consumer mortgage loans secured by residential real estate properties in the process of foreclosure. There were none at December 31, 2025.
Activity in the valuation allowance for other real estate owned was as follows for the periods indicated:
Three Months Ended March 31,
(dollars in thousands)20262025
Balance at beginning of period$$2,003
Provision for (release of) provision for valuation allowance for other real estate owned 34
Charge-offs
Balance at end of period$34$2,003