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Mortgage Servicing Rights
12 Months Ended
Dec. 31, 2019
Transfers and Servicing of Financial Assets [Abstract]  
MORTGAGE SERVICING RIGHTS MORTGAGE SERVICING RIGHTS
For the years ended December 31, 2019, 2018 and 2017, the 1-4 family mortgage loans that were sold to Fannie Mae amounted to $94.5 million, $79.3 million and $78.8 million. At December 31, 2019, 2018 and 2017 our servicing portfolio totaled $509.2 million, $473.7 million and $441.0 million.
The following table indicates MSRs and the net carrying values:
(dollars in thousands)
Servicing
Rights

 
Valuation
Allowance

 
Net Carrying
Value

Balance at December 31, 2017
$
4,192

 
$
(59
)
 
$
4,133

Additions
907

 

 
907

Amortization
(581
)
 

 
(581
)
Temporary recapture

 
5

 
5

Balance at December 31, 2018
$
4,518

 
$
(54
)
 
$
4,464

Additions
1,086

 

 
1,086

Amortization
(665
)
 

 
(665
)
Temporary (impairment)

 
(223
)
 
(223
)
Balance at December 31, 2019
$
4,939

 
$
(277
)
 
$
4,662