Mortgage Servicing Rights (Tables)

12 Months Ended

Dec. 31, 2019

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,
	2019	2018
Beginning balance	$               2,103	$               2,270
Additions	527	168
Amortization	(458)	(335)
Ending balances	$               2,172	$               2,103
Fair value at beginning of period	$               3,371	$               3,158
Fair value at end of period	$               2,404	$               3,371

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, 2019. The actual amortization expense the Company 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,
2020	$                  459
2021	431
2022	401
2023	373
2024	342
Thereafter	166
Total	$               2,172