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Mortgage Banking (Tables)
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
Mortgage banking revenue
2025202420252024
Origination$166 $162 $272 $270 
Gain on sale of loans held for sale1,503 1,337 2,463 2,301 
Servicing— 81 — 735 
Total gross mortgage revenue1,669 1,580 2,735 3,306 
MSR asset valuation adjustments, net— — — 450 
Gain on sale of MSR asset— — — 410 
Mortgage HFS and pipeline fair value adjustment(300)298 (451)589 
MSR asset hedge impact— — — (479)
Mortgage banking revenue$1,369 $1,878 $2,284 $4,276 
Schedule of Activity in Mortgages Servicing Rights (MSRs)
Activity in the MSR asset was as follows:
Six Months Ended June 30,
(Dollars in thousands)20252024
Balance at beginning of period$— $15,637 
Settlement of sale of MSR asset— (16,087)
Valuation adjustment, net of amortization— 450 
Balance at end of period$— $—