v3.25.2
Servicing (Tables)
6 Months Ended
Jun. 30, 2025
Transfers and Servicing [Abstract]  
Summary of Mortgage Servicing Rights Capitalized and Amortized

The following table presents the activity in the mortgage servicing rights for the three and six months ended June 30, 2025 and 2024.

 

 

(In Thousands)

 

 

(In Thousands)

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30, 2025

 

 

June 30, 2024

 

 

June 30, 2025

 

 

June 30, 2024

 

Beginning Balance

$

5,853

 

 

$

5,562

 

 

$

5,753

 

 

$

5,655

 

Capitalized Additions

 

239

 

 

 

136

 

 

 

515

 

 

 

211

 

Amortization

 

(195

)

 

 

(187

)

 

 

(371

)

 

 

(355

)

Ending Balance, June 30,

 

5,897

 

 

 

5,511

 

 

 

5,897

 

 

 

5,511

 

Valuation Allowance

 

(87

)

 

 

(7

)

 

 

(87

)

 

 

(7

)

Servicing Rights net, June 30,

$

5,810

 

 

$

5,504

 

 

$

5,810

 

 

$

5,504