Quarterly report [Sections 13 or 15(d)]

Servicing Assets (Tables)

v3.25.2
Servicing Assets (Tables)
6 Months Ended
Jun. 30, 2025
Transfers and Servicing [Abstract]  
Summary of Activity in Servicing Assets

The activity in servicing assets was as follows for the periods indicated:

 

 

 

Three Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

6,422

 

 

$

6,890

 

Addition related to sale of loans

 

 

678

 

 

 

618

 

Amortization

 

 

(680

)

 

 

(672

)

Balance at end of period

 

$

6,420

 

 

$

6,836

 

 

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

6,457

 

 

$

7,070

 

Addition related to sale of loans

 

 

1,335

 

 

 

1,132

 

Amortization

 

 

(1,372

)

 

 

(1,366

)

Balance at end of period

 

$

6,420

 

 

$

6,836