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Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Mortgage Servicing Rights (MSRs)
The table below presents changes in mortgage servicing rights for the years ended December 31, 2024, 2023, and 2022.
(dollars in thousands)202420232022
Balance at beginning of year$1,738 $2,899 $2,659 
Originated mortgage servicing rights— 39 64 
Sale proceeds(1,670)— — 
Changes in fair value:
Due to changes in model inputs and assumptions (1)— (939)479 
Other changes in fair value (2)(68)(261)(303)
Total changes in fair value(68)(1,200)176 
Balance at end of year$— $1,738 $2,899 
(1)The change in fair value resulting from changes in valuation inputs or assumptions, reported in real estate servicing fees, net, used in the valuation model reflects the change in discount rates and prepayment speed assumptions primarily due to changes in interest rates.
(2)Other changes in fair value, reported in real estate servicing fees, net, reflect changes due to customer payments and passage of time.
Schedule of Key Data and Assumptions Used in Estimating the Fair Value of the Company's MSRs
The following key data and assumptions were used in estimating the fair value of the Company's mortgage servicing rights as of December 31, 2024 and 2023:
20242023
Weighted average constant prepayment rateNA6.55 %
Weighted average note rateNA3.52 %
Weighted average discount rateNA11.00 %
Weighted average expected life (in years)NA7.1