v3.26.1
Servicing Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Mortgage Servicing Rights  
Servicing Assets at Fair Value [Line Items]  
Schedule of Servicing Assets
Changes in the MSR balance are summarized as follows:
Three months ended
June 30,		Six months ended
June 30,
(dollars in thousands)2026202520262025
Balance at beginning of the period$84 $1,079 $86 $1,124 
Servicing rights capitalized11 8 14 8 
Amortization of servicing rights(4)(37)(9)(82)
Sale of servicing assets— (979)— (979)
Balance at end of the period$91 $71 $91 $71 
Schedule of Sensitivity of Fair Value of Servicing Assets
The sensitivity of the current fair value of the residential mortgage servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the following table.
(dollars in thousands)June 30,
2026		December 31, 2025
Fair value of residential mortgage servicing rights$127 $114 
Weighted average life (months)4543
Prepayment speed9.55 %9.60 %
Impact on fair value:
10% adverse change$(6)$(5)
20% adverse change(11)(10)
Discount rate9.50 %9.50 %
Impact on fair value:
10% adverse change$(5)$(4)
20% adverse change(10)(9)
SBA Loan Servicing Rights  
Servicing Assets at Fair Value [Line Items]  
Schedule of Servicing Assets
Changes in the SBA loan servicing asset balance are summarized as follows:
Three months ended
June 30,		Six months ended
June 30,
(dollars in thousands)2026202520262025
Balance at beginning of the period$3,610 $3,205 $3,846 $3,258 
Servicing rights capitalized234 657 360 885 
Amortization of servicing rights(304)(280)(650)(590)
Change in valuation allowance11 5 (5)34 
Balance at end of the period$3,551 $3,587 $3,551 $3,587 
Schedule of Sensitivity of Fair Value of Servicing Assets
The sensitivity of the current fair value of the SBA loan servicing rights to immediate 10% and 20% adverse changes in key economic assumptions are included in the following table.
(dollars in thousands)June 30,
2026		December 31, 2025
Fair value of SBA loan servicing rights$4,355 $4,522 
Weighted average life (years)3.33.3
Prepayment speed18.34 %17.10 %
Impact on fair value:
10% adverse change$(215)$(207)
20% adverse change(412)(397)
Discount rate11.89 %12.91 %
Impact on fair value:
10% adverse change$(100)$(101)
20% adverse change(195)(197)
Schedule of Valuation Allowance for Servicing Assets
Activity in the valuation allowance for SBA loan servicing assets was as follows:
Three months ended
June 30,		Six months ended
June 30,
(dollars in thousands)2026202520262025
Valuation allowance, beginning of period$(54)$(45)$(39)$(74)
Impairment— — (15)— 
Recovery11 5 11 34 
Valuation allowance, end of period$(43)$(40)$(43)$(40)