Burke & Herbert Financial Services Corp. BHRB Foreclosed Assets
Foreclosed Assets at other companies
Other financials
Where this comes from
Reported directly by Burke & Herbert Financial Services Corp. in its filing.
Tagged under the XBRL concept us-gaap:OtherRealEstate.
The official record: Burke & Herbert Financial Services Corp.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Burke & Herbert Financial Services Corp.'s foreclosed assets?
- Burke & Herbert Financial Services Corp. (BHRB) reported foreclosed assets of $3.11M in Q1 2026.
- How has Burke & Herbert Financial Services Corp.'s foreclosed assets changed year-over-year?
- Burke & Herbert Financial Services Corp.'s foreclosed assets increased by 18.3% year-over-year, from $2.63M to $3.11M.
- What does foreclosed assets mean?
- These assets represent real estate or other property acquired by the bank through the foreclosure process on defaulted loans. They are held for sale and are typically measured at the lower of the carrying amount or fair value less costs to sell. High levels of these assets indicate potential credit quality issues and the need for effective asset recovery strategies.