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Annual report pursuant to Section 13 and 15(d)

Note 4 - Real Estate Acquired

v3.8.0.1
Note 4 - Real Estate Acquired
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements Ìý
Real Estate Disclosure [Text Block]
4
.
Real Estate Acquired
Ìý
Real estate acquired included the following activity for the years ended
December 31,
201
7
and
2016
(dollars in thousands):
Ìý
Ìý Ìý
201
7
Ìý Ìý
201
6
Ìý
Ìý Ìý
Acres
Ìý Ìý
Book Value
Ìý Ìý
Acres
Ìý Ìý
Book Value
Ìý
Balance at January 1:
Ìý Ìý
10,064.78
Ìý Ìý $
1,115
Ìý Ìý Ìý
10,064.78
Ìý Ìý $
1,115
Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Additions
Ìý Ìý
—
Ìý Ìý Ìý
—
Ìý Ìý Ìý
—
Ìý Ìý Ìý
—
Ìý
Sales
Ìý Ìý
—
Ìý Ìý Ìý
—
Ìý Ìý Ìý
—
Ìý Ìý Ìý
—
Ìý
Balance at December 31:
Ìý Ìý
10,064.78
Ìý Ìý $
1,115
Ìý Ìý Ìý
10,064.78
Ìý Ìý $
1,115
Ìý
Ìý
No
valuation allowance was necessary at
December 31,
201
7
and
2016.