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Loans Held for Sale and Loan Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2020
Loans Held For Sale And Loan Servicing Rights [Abstract]  
Activity in Capitalized Mortgage Servicing Assets

The activity in capitalized loan servicing assets is summarized as follows for the years ended December 31 (in thousands):

 

 

 

2020

 

 

2019

 

 

2018

 

Mortgage servicing assets, beginning of year

 

$

1,129

 

 

$

1,022

 

 

$

990

 

Originations

 

 

601

 

 

 

349

 

 

 

299

 

Amortization

 

 

(354

)

 

 

(242

)

 

 

(267

)

Mortgage servicing assets, end of year

 

 

1,376

 

 

 

1,129

 

 

 

1,022

 

Valuation allowance

 

 

(56

)

 

 

-

 

 

 

-

 

Mortgage servicing assets, net, end of year

 

$

1,320

 

 

$

1,129

 

 

$

1,022