Mortgage Servicing Rights (Tables)

12 Months Ended

Dec. 31, 2018

Transfers and Servicing [Abstract]

Summary of Activity in Mortgage Servicing Rights

The following is a summary of changes in the balance of mortgage servicing rights for the periods indicated below:

	As of December 31,
	2018			2017
Beginning balance	$	2,270		$	2,421
Additions		168			199
Amortization		(335	)		(350	)
Ending balances		2,103			2,270
Fair value at beginning of period	$	3,158		$	3,422
Fair value at end of period	$	3,371		$	3,158

Summary of Estimated Future Amortization Expense for Mortgage Servicing Rights

The following table shows the estimated future amortization of mortgage servicing rights for the next five years. The projections of amortization expense are based on existing asset balances as of as of December 31, 2018. The actual amortization expense the Bank recognizes in any given period may be significantly different depending on changes in interest rates, market conditions, and regulatory requirements.

For the period ending December 31,
2019	$	444
2020		417
2021		389
2022		361
2023		331
Thereafter		161
Total	$	2,103