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Other assets
9 Months Ended
Sep. 30, 2024
Other assets  
Other assets

8. Other assets:

The components of other assets at September 30, 2024 and December 31, 2023 are summarized as follows:

(Dollars in thousands)

    

September 30, 2024

    

December 31, 2023

Other real estate owned

$

1,152

$

Mortgage servicing rights

 

832

 

870

Prepaid shares tax

 

1,489

 

949

Prepaid pension

 

4,144

 

3,764

Prepaid expenses

7,704

4,840

Restricted equity securities (FHLB and other)

9,829

5,180

Investment in low income housing partnership

 

15,779

 

5,015

Interest rate swaps(1)

17,338

19,278

Other assets

11,789

2,353

Total

$

70,056

$

42,249

(1) Interest rate swaps balance represents the fair value of the commercial loan back-to-back swaps.