FORECLOSED REAL ESTATE |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 | |||
| FORECLOSED REAL ESTATE | |||
| FORECLOSED REAL ESTATE |
There was no foreclosed real estate activity for the years ended December 31, 2025 and 2024. During the year ended December 31, 2023, the Company transferred $64,000 from loans to foreclosed real estate and sold $64,000 of foreclosed real estate. The Company had no foreclosed real estate at December 31, 2025, 2024 or 2023. At December 31, 2025 and 2024, the amortized cost of consumer mortgage loans secured by residential real estate properties where formal foreclosure procedures are in process was $92,000 and $203,000, respectively. |