The following table presents the change in OREO for the periods presented:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Beginning balance |
|
$ |
2,890 |
|
|
$ |
6,249 |
|
|
$ |
3,394 |
|
|
$ |
5,170 |
|
Acquisitions of OREO through business combination |
|
|
— |
|
|
|
168 |
|
|
|
— |
|
|
|
168 |
|
Net additions/(reductions) to OREO |
|
|
402 |
|
|
|
(724 |
) |
|
|
545 |
|
|
|
596 |
|
Proceeds from sales of OREO |
|
|
(57 |
) |
|
|
(807 |
) |
|
|
(117 |
) |
|
|
(1,016 |
) |
Gains on sales of OREO |
|
|
11 |
|
|
|
60 |
|
|
|
12 |
|
|
|
131 |
|
Valuation adjustments |
|
|
(93 |
) |
|
|
— |
|
|
|
(681 |
) |
|
|
(103 |
) |
Ending balance |
|
$ |
3,153 |
|
|
$ |
4,946 |
|
|
$ |
3,153 |
|
|
$ |
4,946 |
|
|