Foreclosed Assets |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Foreclosed Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Foreclosed Assets | Note 8: Foreclosed Assets The Company’s investment in foreclosed assets consisted of one property that management valued at $301 thousand at June 30, 2025 and December 31, 2024. There was no allowance for losses on foreclosed assets at June 30, 2025 and December 31, 2024. The Company did not record any provision for losses on foreclosed assets during the six months ended June 30, 2025 and 2024. Expenses applicable to foreclosed assets include the following (dollars in thousands):
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