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Mortgage Servicing Rights (Tables)
9 Months Ended
Sep. 30, 2023
Transfers and Servicing [Abstract]  
Summary of Mortgage Servicing Rights

The following table presents the Company's mortgage servicing rights as of September 30, 2023 and December 31, 2022 (in thousands):

 

 

September 30, 2023

 

 

December 31, 2022

 

Balance at the beginning of year

 

$

9,238

 

 

$

7,152

 

Mortgage servicing rights acquired, at fair value

 

 

 

 

 

 

Additions

 

 

250

 

 

 

 

Fair value adjustments

 

 

298

 

 

 

2,086

 

Balance at end of period

 

$

9,786

 

 

$

9,238