v3.25.2
Other Real Estate Owned (Tables)
6 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
Schedule of Other Real Estate Owned (OREO) Covered and Not Covered Under a Loss-Share Agreement, Net of Valuation Allowances and Direct Write-Downs
The following table provides details of the Company’s other real estate owned (“OREO”), net of valuation allowances and direct write-downs, as of the dates presented:
 
June 30, 2025December 31, 2024
Residential real estate$5,701 $2,966 
Commercial real estate4,426 5,681 
Residential land development24 19 
Commercial land development1,599 
Total$11,750 $8,673 
Schedule of Changes in Company’s OREO
Changes in the Company’s OREO were as follows:
 
Total
OREO
Balance at January 1, 2025$8,673 
Acquired OREO11,109 
Transfers of loans4,281 
Impairments(585)
Dispositions(11,713)
Other(15)
Balance at June 30, 2025$11,750 
Schedule of Components of OREO in the Consolidated Statements of Income
Components of the line item “Other real estate owned” in the Consolidated Statements of Income were as follows for the periods presented:
 
Three Months EndedSix Months Ended
 June 30,June 30,
 2025202420252024
Repairs and maintenance$155 $147 $229 $211 
Property taxes and insurance48 23 97 52 
Impairments21 39 585 67 
Net gains on OREO sales(63)(102)(65)(115)
Rental income(4)(2)(4)(3)
Total$157 $105 $842 $212