Mortgage Banking Activities (Tables)

3 Months Ended

Mar. 31, 2026

Transfers and Servicing [Abstract]

Schedule of Components of Mortgage Banking Revenue

Included in mortgage banking revenues in the accompanying consolidated statements of income for March 31, 2026 and 2025 are the following:

	Three Months Ended March 31,
	2026		2025
	(dollars in thousands)
Gains on sale of mortgage loans	$	6,285	$	5,530
Fees on real estate loans sold	541		389
(Losses) on interest rate lock commitments (IRLC) and associated hedging	(131)		(95)
Servicing fees	2,841		2,903
Mortgage banking revenues, net	$	9,536	$	8,727

Schedule of Weighted Average Assumptions Used in the Calculation of Fair Value of MSRs

The following assumptions were used in determining the fair value of the capitalized mortgage servicing rights:

	Three Months Ended March 31,
	2026		2025
Discount rate	9.16	%	9.17	%
Prepayment speed	6.60	%	6.30	%
Delinquency rate	0.80	%	0.69	%

Schedule of Changes to MSRs

A summary of the mortgage servicing rights is as follows:

	Three Months Ended March 31,
	2026		2025
	(dollars in thousands)
Balance at beginning of period	$	29,391	$	30,423
Capitalized mortgage servicing rights	1,398		775
Amortization	(1,532)		(1,403)
Change in valuation allowance	-		-
Balance at end of period	$	29,257	$	29,795