| Schedule for Changes in Other Real Estate Owned And Other Repossessed Assets |
Changes in other real estate owned and other repossessed assets for the three months ended June 30, 2026 and 2025 were as follows.
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Beginning of period |
|
$ |
5,026 |
|
|
$ |
140 |
|
|
$ |
5,166 |
|
Transfers in |
|
|
21 |
|
|
|
48 |
|
|
|
69 |
|
Net (loss) gain on sales |
|
|
81 |
|
|
|
(11 |
) |
|
|
70 |
|
Proceeds from sales |
|
|
(1,335 |
) |
|
|
(59 |
) |
|
|
(1,394 |
) |
|
|
|
3,793 |
|
|
|
118 |
|
|
|
3,911 |
|
Additions to valuation reserve |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Capitalized cost |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Recorded investment |
|
$ |
3,793 |
|
|
$ |
118 |
|
|
$ |
3,911 |
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Beginning of period |
|
$ |
4,464 |
|
|
$ |
310 |
|
|
$ |
4,774 |
|
Transfers in |
|
|
183 |
|
|
|
142 |
|
|
|
325 |
|
Net (loss) gain on sales |
|
|
(26 |
) |
|
|
23 |
|
|
|
(3 |
) |
Proceeds from sales |
|
|
— |
|
|
|
(288 |
) |
|
|
(288 |
) |
|
|
|
4,621 |
|
|
|
187 |
|
|
|
4,808 |
|
Additions to valuation reserve |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Capitalized cost |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Recorded investment |
|
$ |
4,621 |
|
|
$ |
187 |
|
|
$ |
4,808 |
|
Changes in other real estate owned and other repossessed assets for the six months ended June 30, 2026 and 2025 were as follows.
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Beginning of period |
|
$ |
5,388 |
|
|
$ |
578 |
|
|
$ |
5,966 |
|
Transfers in |
|
|
49 |
|
|
|
127 |
|
|
|
176 |
|
Net (loss) gain on sales |
|
|
84 |
|
|
|
92 |
|
|
|
176 |
|
Proceeds from sales |
|
|
(1,716 |
) |
|
|
(679 |
) |
|
|
(2,395 |
) |
|
|
|
3,805 |
|
|
|
118 |
|
|
|
3,923 |
|
Additions to valuation reserve |
|
|
(12 |
) |
|
|
— |
|
|
|
(12 |
) |
Capitalized cost |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Recorded investment |
|
$ |
3,793 |
|
|
$ |
118 |
|
|
$ |
3,911 |
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Beginning of period |
|
$ |
4,773 |
|
|
$ |
4,811 |
|
|
$ |
9,584 |
|
Transfers in |
|
|
296 |
|
|
|
388 |
|
|
|
684 |
|
Net (loss) gain on sales |
|
|
8 |
|
|
|
34 |
|
|
|
42 |
|
Proceeds from sales |
|
|
(456 |
) |
|
|
(5,046 |
) |
|
|
(5,502 |
) |
|
|
|
4,621 |
|
|
|
187 |
|
|
|
4,808 |
|
Additions to valuation reserve |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Capitalized cost |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Recorded investment |
|
$ |
4,621 |
|
|
$ |
187 |
|
|
$ |
4,808 |
|
|
| Summary of Other Real Estate Owned Expense And Other Repossessed Assets |
Expenses related to other real estate owned and other repossessed assets for the three months ended June 30, 2026 and 2025 were as follows.
|
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|
|
|
|
June 30, 2026 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Net loss (gain) on sales |
|
$ |
(81 |
) |
|
$ |
11 |
|
|
$ |
(70 |
) |
Gain on initial valuation of collateral |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Provision for unrealized losses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Operating expenses, net of rental income |
|
|
63 |
|
|
|
42 |
|
|
|
105 |
|
Total |
|
$ |
(18 |
) |
|
$ |
53 |
|
|
$ |
35 |
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Net loss (gain) on sales |
|
$ |
26 |
|
|
$ |
(23 |
) |
|
$ |
3 |
|
Gain on initial valuation of collateral |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Provision for unrealized losses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Operating expenses, net of rental income |
|
|
39 |
|
|
|
61 |
|
|
|
100 |
|
Total |
|
$ |
65 |
|
|
$ |
38 |
|
|
$ |
103 |
|
|
|
|
|
|
|
|
|
|
|
Expenses related to other real estate owned and other repossessed assets for the six months ended June 30, 2026 and 2025 were as follows.
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2026 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Net loss (gain) on sales |
|
$ |
(84 |
) |
|
$ |
(92 |
) |
|
$ |
(176 |
) |
Gain on initial valuation of collateral |
|
|
12 |
|
|
|
— |
|
|
|
12 |
|
Provision for unrealized losses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Operating expenses, net of rental income |
|
|
211 |
|
|
|
79 |
|
|
|
290 |
|
Total |
|
$ |
139 |
|
|
$ |
(13 |
) |
|
$ |
126 |
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
Other Real Estate Owned |
|
|
Other Repossessed Assets |
|
|
Total |
|
Net loss (gain) on sales |
|
$ |
(8 |
) |
|
$ |
(34 |
) |
|
$ |
(42 |
) |
Gain on initial valuation of collateral |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Provision for unrealized losses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Operating expenses, net of rental income |
|
|
121 |
|
|
|
125 |
|
|
|
246 |
|
Total |
|
$ |
113 |
|
|
$ |
91 |
|
|
$ |
204 |
|
|