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Note 7 - Loan Servicing - Schedule of Servicing Assets at Amortized Value (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2024
USD ($)
Balance at beginning of period $ 1,963 $ 2,052
Additions, net of valuation reserve 225 [1] 358 [1]
Amortization (105) [2] (327) [2]
Balance at end of period 2,083 2,083
Less valuation reserve (209) [3] (209) [3]
Balance at end of period, net of valuation reserve 1,874 1,874
Fair value, beginning of period 2,082 2,062
Fair value, end of period $ 1,874 $ 1,874
[1] Associated income was reported within mortgage banking income, net on the consolidated statements of income.
[2] Associated amortization expense was reported within other noninterest income on the consolidated statements of income.
[3] Associated valuation reserve was reported within mortgage and lending expenses on the consolidated statements of income.