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Loans Held for Sale and Loan Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2024
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):

 

 

 

2024

 

 

2023

 

 

2022

 

Mortgage servicing assets, beginning of year

 

$

1,460

 

 

$

1,470

 

 

$

1,518

 

Originations

 

 

421

 

 

 

436

 

 

 

210

 

Amortization

 

 

(226

)

 

 

(446

)

 

 

(258

)

Mortgage servicing assets, end of year

 

 

1,655

 

 

 

1,460

 

 

 

1,470

 

Valuation allowance

 

 

(58

)

 

 

(78

)

 

 

-

 

Mortgage servicing assets, net, end of year

 

$

1,597

 

 

$

1,382

 

 

$

1,470