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Mortgage Banking (Tables)
3 Months Ended
Mar. 31, 2025
Mortgage Banking [Abstract]  
Schedule of Mortgage Banking Operations
The following table presents the Company’s revenue from mortgage banking operations:
(Dollars in thousands)Three Months Ended March 31,
Mortgage banking revenue
20252024
Origination$106 $108 
Gain on sale of loans held for sale960 964 
Servicing— 654 
Total gross mortgage revenue1,066 1,726 
MSR asset valuation adjustments, net— 450 
Gain on sale of MSR asset— 410 
Mortgage HFS and pipeline fair value adjustment(151)291 
MSR asset hedge impact— (479)
Mortgage banking revenue$915 $2,398 
Schedule of Activity in Mortgages Servicing Rights (MSRs)
Activity in the MSR asset was as follows:
Three Months Ended March 31,
(Dollars in thousands)20252024
Balance at beginning of year$— $15,637 
Settlement of sale of MSR asset— (16,087)
Valuation adjustment, net of amortization— 450 
Balance at end of year$— $—