Three Months Ended
September 30,

Nine Months Ended
September 30,

($ in thousands)

2024

2023

2024

2023

Balance at beginning of period

$

14,548

$

13,723

$

13,906

$

13,503

Mortgage servicing rights capitalized during the period

644

582

1,675

1,388

Mortgage servicing rights amortization during the period

(370

)

(334

)

(978

)

(960

)

Net change in valuation allowance

(465

)

(78

)

(246

)

(38

)

Balance at end of period

$

14,357

$

13,893

$

14,357

$

13,893

Valuation allowance:

Balance at beginning of period

$

8

$

137

$

227

$

177

Increase (decrease)

465

78

246

38

Balance at end of period

$

473

$

215

$

473

$

215

Fair value, beginning of period

$

18,807

$

16,645

$

17,125

$

15,754

Fair value, end of period

$

18,160

$

16,161

$

18,160

$

16,161