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Loan Servicing (Tables)
 12 Months Ended
Dec. 31, 2023
Transfers and Servicing [Abstract]  
Summary of Principal Balance for Mortgage Loans The principal balances of these loans at year-end are as follows:

 

 

2023

 

 

2022

 

Mortgage loan portfolios serviced for:

 

 

 

 

 

 

FHLMC

 

$

544,140

 

 

$

532,868

 

FHLB Pittsburgh

 

 

28,405

 

 

 

0

 

    Ending balance

 

$

572,545

 

 

$

532,868

 
Summary of Activity for Mortgage Servicing Rights Activity for mortgage servicing rights for years ended December 31, 2023, 2022 and 2021 are as follows:

 

 

2023

 

 

2022

 

 

2021

 

Servicing rights:

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

3,331

 

 

$

3,403

 

 

$

3,198

 

Additions

 

 

588

 

 

 

960

 

 

 

1,556

 

Acquired in merger

 

 

305

 

 

 

0

 

 

 

0

 

Amortization to expense

 

 

(735

)

 

 

(1,015

)

 

 

(1,351

)

Total servicing rights before valuation allowance

 

$

3,489

 

 

$

3,348

 

 

$

3,403

 

Change in valuation allowance

 

 

(37

)

 

 

(17

)

 

 

0

 

Ending balance

 

$

3,452

 

 

$

3,331

 

 

$

3,403