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Secondary Market Mortgage Activities
12 Months Ended
Dec. 31, 2024
Mortgage Banking [Abstract]  
Secondary Market Mortgage Activities Secondary Market Mortgage Activities
Total loans serviced for others were $264.1 million and $258.5 million for the years ended December 31, 2024 and 2023, respectively.

The following summarizes secondary market mortgage activities for the years ended December 31, 2024, 2023, and 2022:

December 31, 2024December 31, 2023December 31, 2022
Loans originated for resale$28,451 $17,874 $34,181 
Proceeds from sales of loans held for sale27,934 16,263 29,151 
Net gains on sales of loans held for sale770 447 1,285 
Loan servicing fees719 744 781 

The following summarizes activity for capitalized mortgage servicing rights for the years ended December 31, 2024, 2023, and 2022:

December 31, 2024December 31, 2023December 31, 2022
Balance, beginning of year$1,554 $1,804 $1,664 
Additions244 114 232 
Servicing rights acquired— — — 
Amortization(547)(364)(92)
Balance, end of year$1,251 $1,554 $1,804 
The fair value of mortgage servicing rights is based on market prices for comparable mortgage servicing contracts, when available, or alternatively based on a valuation model that calculates the present value of estimated future net servicing income. The fair value of mortgage servicing rights was not materially different than amortized cost at December 31, 2024 and 2023, respectively. No valuation allowance was deemed necessary at December 31, 2024, 2023, and 2022. The fair value of interest rate lock commitments and forward commitments to sell loans were not material at December 31, 2024 or 2023.