v3.26.3
Servicing Assets (Tables)
 9 Months Ended
Sep. 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
September 30,		Nine months ended
September 30,
(dollars in thousands)2026202520262025
Balance at beginning of the period$91 $71 $86 $1,124 
Servicing rights capitalized— 14 14 22 
Amortization of servicing rights(3)(3)(12)(85)
Sale of servicing assets— — — (979)
Balance at end of the period$88 $82 $88 $82 
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)September 30,
2026		December 31, 2025
Fair value of residential mortgage servicing rights$133 $114 
Weighted average life (months)4943
Prepayment speed8.38 %9.60 %
Impact on fair value:
10% adverse change$(6)$(5)
20% adverse change(12)(10)
Discount rate9.50 %9.50 %
Impact on fair value:
10% adverse change$(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
September 30,		Nine months ended
September 30,
(dollars in thousands)2026202520262025
Balance at beginning of the period$3,551 $3,587 $3,846 $3,258 
Servicing rights capitalized26 454 386 1,339 
Amortization of servicing rights(339)(275)(989)(865)
Change in valuation allowance(19)(3)(24)31 
Balance at end of the period$3,219 $3,763 $3,219 $3,763 
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)September 30,
2026		December 31, 2025
Fair value of SBA loan servicing rights$4,206 $4,522 
Weighted average life (years)3.23.3
Prepayment speed18.35 %17.10 %
Impact on fair value:
10% adverse change$(210)$(207)
20% adverse change(401)(397)
Discount rate11.75 %12.91 %
Impact on fair value:
10% adverse change$(96)$(101)
20% adverse change(187)(197)
Schedule of Valuation Allowance for Servicing Assets
Activity in the valuation allowance for SBA loan servicing assets was as follows:
Three months ended
September 30,		Nine months ended
September 30,
(dollars in thousands)2026202520262025
Valuation allowance, beginning of period$(43)$(40)$(39)$(74)
Impairment(19)(3)(34)(3)
Recovery— — 11 34 
Valuation allowance, end of period$(62)$(43)$(62)$(43)