Mortgage Servicing Rights

9 Months Ended

Sep. 30, 2024

Transfers and Servicing [Abstract]

Mortgage Servicing Rights

4.Mortgage Servicing Rights

Information related to mortgage servicing rights as of September 30, 2024 and December 31, 2023 are summarized as follows:

	Nine months ended			Year Ended
	September 30, 2024			December 31, 2023
Book value of mortgage servicing rights beginning of period	$	2,231		$	8,900
Additions from sale of loans		386			527
Book value removed from sale of servicing rights		(1,158	)		(5,433	)
Amortized to expense		(397	)		(1,763	)
Book value of mortgage servicing rights end of period	$	1,062		$	2,231
Fair value of mortgage servicing rights	$	1,812		$	6,934
Principal balance of mortgage loans serviced for others not reported as assets	$	210,881		$	986,192
Custodial escrows of serviced loans	$	3,573		$	8,794