v3.26.1
Other real estate owned
 6 Months Ended
Jun. 30, 2026
Other Real Estate [Abstract]  
Other real estate owned - Other real estate owned
The following tables present the activity related to Other Real Estate Owned (“OREO"), for the quarters and six months ended June 30,
2026 and 2025.
For the quarter ended June 30, 2026
OREO
OREO
(In thousands)
Commercial/Construction
Mortgage
Total
Balance at beginning of period
$5,137
$40,543
$45,680
Write-downs in value
(5)
(323)
(328)
Additions
2,344
9,972
12,316
Sales
(352)
(7,759)
(8,111)
Other adjustments
-
-
-
Ending balance
$7,124
$42,433
$49,557
For the quarter ended June 30, 2025
OREO
OREO
(In thousands)
Commercial/Construction
Mortgage
Total
Balance at beginning of period
$7,111
$45,003
$52,114
Write-downs in value
(835)
(516)
(1,351)
Additions
314
7,908
8,222
Sales
(693)
(12,145)
(12,838)
Other Adjustments
-
(21)
(21)
Ending balance
$5,897
$40,229
$46,126
For the six months ended June 30, 2026
OREO
OREO
(In thousands)
Commercial/Construction
Mortgage
Total
Balance at beginning of period
$4,911
$37,522
$42,433
Write-downs in value
(195)
(858)
(1,053)
Additions
3,318
21,366
24,684
Sales
(910)
(15,301)
(16,211)
Other adjustments
-
(296)
(296)
Ending balance
$7,124
$42,433
$49,557
For the six months ended June 30, 2025
OREO
OREO
(In thousands)
Commercial/Construction
Mortgage
Total
Balance at beginning of period
$8,424
$48,844
$57,268
Write-downs in value
(864)
(1,715)
(2,579)
Additions
571
16,697
17,268
Sales
(2,234)
(23,374)
(25,608)
Other adjustments
-
(223)
(223)
Ending balance
$5,897
$40,229
$46,126