v3.26.1
Other real estate owned
 3 Months Ended
Mar. 31, 2026
Other Real Estate [Abstract]  
Other Real Estate Owned
Note 9 – Other real estate owned
The following tables present the
 
activity related to Other Real Estate
 
Owned (“OREO”),
 
for the quarters ended
 
March 31, 2026 and
2025.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the quarter ended March 31, 2026
OREO
OREO
(In thousands)
Commercial/Construction
Mortgage
Total
Balance at beginning of period
$
4,911
$
37,522
$
42,433
Write-downs in value
(190)
(535)
(725)
Additions
974
11,394
12,368
Sales
(558)
(7,542)
(8,100)
Other adjustments
-
(296)
(296)
Ending balance
$
5,137
$
40,543
$
45,680
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the quarter ended March 31, 2025
OREO
OREO
(In thousands)
Commercial/Construction
Mortgage
Total
Balance at beginning of period
$
8,424
$
48,844
$
57,268
Write-downs in value
(29)
(1,199)
(1,228)
Additions
257
8,789
9,046
Sales
(1,541)
(11,229)
(12,770)
Other adjustments
-
(202)
(202)
Ending balance
$
7,111
$
45,003
$
52,114