v3.25.2
Other Real Estate Owned
3 Months Ended
Mar. 31, 2025
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Other Real Estate Owned Other Real Estate Owned
The following table presents activity in OREO for the periods indicated:
Three Months Ended March 31,
($ in thousands)20252024
Balance at beginning of year
$ $2,558 
Additions
— — 
Sales
— (2,558)
Balance at end of year$ $ 
The following table presents activity in OREO valuation allowance for the periods indicated:
Three Months Ended March 31,
($ in thousands)20252024
Balance at beginning of year
$— $— 
Additions
— — 
Net direct write-downs and removal from sale
— — 
Balance at end of year$ $ 
The following table presents expenses related to OREO for the periods indicated:
Three Months Ended March 31,
($ in thousands)20252024
Net gain on sales$— $(13)
Operating expenses, net of rental income
— 
Total expenses$ $(11)
The Company did not provide loans to finance the sale of its OREO properties during the three months ended March 31, 2024.