MORTGAGE LOANS HELD FOR SALE

12 Months Ended

Dec. 31, 2024

Mortgage Loans Held For Sale

MORTGAGE LOANS HELD FOR SALE

9. MORTGAGE LOANS HELD FOR SALE

Beeline sells substantially all of its originated mortgage loans to investors and adjusts adjusted its loan balance to the estimated fair value based on the eventual sales of loans. Mortgage loans held for sale, at fair value, consisted of the following as of December 31:

(Dollars in thousands)	2024
Mortgage loans held for sale	$	6,878
Net fair value adjustment		47
Mortgage loans held for sale, at fair value	$	6,925