Mortgage Servicing Rights (Tables)

6 Months Ended

Jun. 30, 2025

Transfers and Servicing [Abstract]

Schedule of Change in Balance of Mortgage Servicing Assets

A summary of the change in the balance of mortgage servicing assets during the periods indicated were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Beginning balance, at fair value	$	4,688	$	4,612	$	4,769	$	4,632
Servicing rights that result from transfers and sale of financial assets	30		44		48		89
Changes in fair value:
Due to changes in model inputs or assumptions and other(1)	(80)		(116)		(179)		(181)
Ending balance, at fair value	$	4,638	$	4,540	$	4,638	$	4,540

(1) Represents 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 mortgage servicing rights at the dates indicated are as follows:

	June 30, 2025		December 31, 2024
Prepayment speed (Public Securities Association “PSA” model)	125	%	125	%
Weighted-average life	10.4 years		10.6 years
Weighted average discount rate	10.0	%	10.0	%