XML 34 R20.htm IDEA: XBRL DOCUMENT v3.25.0.1
Mortgage Servicing Rights
12 Months Ended
Dec. 31, 2024
Transfers and Servicing of Financial Assets [Abstract]  
MORTGAGE SERVICING RIGHTS MORTGAGE SERVICING RIGHTS
For the years ended December 31, 2024, 2023 and 2022, the 1-4 family mortgage loans that were sold to Fannie Mae amounted to $2.8 million, $0.2 million and $28.6 million. At December 31, 2024, 2023 and 2022, our servicing portfolio unpaid principal balance was $648.9 million, $707.8 million and $772.9 million.
The following table indicates MSRs and the net carrying values:
(dollars in thousands)Servicing
Rights
Valuation
Allowance
Net Carrying
Value
Balance at December 2022$7,147 $ $7,147 
Additions— 
Amortization(804)— (804)
Temporary recapture— — — 
Balance at December 2023$6,345 $ $6,345 
Additions27 — 27 
Amortization(726)— (726)
Temporary recapture— — — 
Balance at December 31, 2024$5,646 $ $5,646