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Servicing (Tables)
12 Months Ended
Dec. 31, 2024
Transfers and Servicing [Abstract]  
Summary of Mortgage Servicing Rights Capitalized and Amortized

The following summarizes servicing rights capitalized and amortized during each year:

 

 

 

(In Thousands)

 

 

 

2024

 

 

2023

 

Beginning of Year

 

$

5,655

 

 

$

3,549

 

Capitalized Additions

 

 

826

 

 

 

2,710

 

Amortization

 

 

(728

)

 

 

(604

)

Ending Balance, December 31

 

 

5,753

 

 

 

5,655

 

Valuation Allowance

 

 

(97

)

 

 

(7

)

Servicing Rights net, December 31

 

$

5,656

 

 

$

5,648