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Mortgage Servicing Rights (Tables)
 12 Months Ended
Dec. 31, 2023
Transfers and Servicing [Abstract]  
Summary of Mortgage Servicing Rights

The following table presents the Company's mortgage servicing rights for the years ended December 31, 2023, 2022, and 2021 (in thousands):

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Balance at the beginning of year

 

$

9,238

 

 

$

7,152

 

 

$

—

 

Mortgage servicing rights acquired

 

 

—

 

 

 

—

 

 

 

7,152

 

Additions

 

 

250

 

 

 

—

 

 

 

—

 

Fair value adjustments

 

 

(910

)

 

 

2,086

 

 

 

—

 

Balance at end of year

 

$

8,578

 

 

$

9,238

 

 

$

7,152