MORTGAGE SERVICING RIGHTS

3 Months Ended

Mar. 31, 2020

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

MORTGAGE SERVICING RIGHTS

NOTE 5 - MORTGAGE SERVICING RIGHTS

(in thousands)		March 31, 2020		December 31, 2019
Residential mortgage loans serviced for others	$	106,990	$	106,255
Fair value of mortgage servicing rights		625		813

Changes in mortgage servicing rights are as follows:

Three months ended March 31, (in thousands)		2020			2019
Mortgage Servicing Rights
Balance, beginning of period	$	238		$	228
Originated		33			4
Amortization (1)		(16	)		(11	)
Balance, end of period	$	255		$	221

⁽¹⁾ Amortization expense and changes in the impairment reserve are recorded in mortgage servicing, net.