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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 2024
Mortgage Banking [Abstract]  
Schedule of Mortgage Banking Operations
The following table presents the Company’s revenue from mortgage banking operations:
(Dollars in thousands)Year Ended December 31,
Mortgage banking revenue
202420232022
Origination$528 $483 $774 
Gain on sale of loans held for sale4,928 3,111 4,889 
Originations of MSR— 708 2,286 
Servicing744 3,739 5,643 
Total gross mortgage revenue6,200 8,041 13,592 
MSR asset valuation adjustments, net450 (4,089)1,219 
Gain on sale of MSR asset410 — — 
Mortgage HFS and pipeline fair value adjustment(1)(53)(1,352)
MSR asset hedge impact(479)(543)(6,737)
Mortgage banking revenue$6,580 $3,356 $6,722 
Schedule of Activity in Mortgages Servicing Rights (MSRs)
Activity in the MSR asset was as follows:
Years Ended December 31,
(Dollars in thousands)202420232022
Balance at beginning of year$15,637 $20,824 $16,220 
Servicing acquired in BTH merger— — 1,099 
Addition of servicing rights— 708 2,286 
Settlement of sale of MSR asset(16,087)(1,806)— 
Valuation adjustment, net of amortization450 (4,089)1,219 
Balance at end of year$— $15,637 $20,824