Mortgage Servicing Rights (Tables)

12 Months Ended

Dec. 31, 2024

Transfers and Servicing [Abstract]

Schedule of Change in the Balance of Mortgage Servicing Assets

A summary of the change in the balance of MSRs at December 31, 2024 and 2023 were as follows (in thousands):

	December 31,
	2024		2023
Beginning balance, at fair value	$	4,632	$	4,687
MSRs that result from transfers and sale of financial assets	141		164
Changes in fair value:
Due to changes in model inputs or assumptions(1)	(4)		(219)
Ending balance, at fair value	$	4,769	$	4,632

(1) Includes changes due to collection/realization of expected cash flows and curtailments.

Schedule of Mortgage Service Rights Assumptions

The key economic assumptions used in determining the fair value of MSRs at December 31, 2024 and 2023 are as follows:

	December 31,
	2024		2023
Prepayment speed (Public Securities Association "PSA" model)	125	%	129	%
Weighted-average life	10.6 years		7.7 years
Yield to maturity discount rate	10.0	%	12.5	%