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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Schedule of Mortgage Servicing Rights

An analysis of mortgage servicing rights, which are included in other assets, follows:

 

 

 

Mortgage

Servicing

Rights

 

 

Valuation

Allowance

 

 

Total

 

 

 

(dollars in thousands)

 

Balance at December 31, 2017

 

$

823

 

 

$

(30

)

 

$

793

 

Mortgage servicing rights capitalized

 

 

5

 

 

 

 

 

 

5

 

Amortization charged against servicing income

 

 

(70

)

 

 

 

 

 

(70

)

Change in impairment reserve

 

 

(30

)

 

 

30

 

 

 

 

Balance at June 30, 2018

 

$

728

 

 

$

 

 

$

728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

 

$

666

 

 

$

 

 

$

666

 

Mortgage servicing rights acquired as a result of the merger

 

 

334

 

 

 

 

 

 

334

 

Mortgage servicing rights capitalized

 

 

7

 

 

 

 

 

 

7

 

Amortization charged against servicing income

 

 

(106

)

 

 

 

 

 

(106

)

Change in impairment reserve

 

 

 

 

 

(10

)

 

 

(10

)

Balance at June 30, 2019

 

$

901

 

 

$

(10

)

 

$

891

 

Mortgage Servicing Rights  
Schedule of Aggregate Estimated Future Amortization Expense

The estimated aggregate future amortization expense for mortgage servicing rights for each of the next five years and thereafter is as follows:  

 

 

 

Future Amortization Expense

 

 

 

(dollars in thousands)

 

Remainder of 2019

 

$

74

 

2020

 

 

133

 

2021

 

 

113

 

2022

 

 

96

 

2023

 

 

81

 

Thereafter

 

 

404

 

Total

 

$

901