MORTGAGE SERVICING RIGHTS

9 Months Ended

Sep. 30, 2019

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

MORTGAGE SERVICING RIGHTS

NOTE 5 - MORTGAGE SERVICING RIGHTS

(in thousands)		September 30, 2019		December 31, 2018
Residential mortgage loans serviced for others	$	106,365	$	111,378
Fair value of mortgage servicing rights		765		951

Changes in mortgage servicing rights are as follows:

	Three months ended						Nine months ended
Periods ended September 30, (in thousands)	2019			2018			2019			2018
Mortgage Servicing Rights
Balance, beginning of period	$	209		$	217		$	228		$	233
Originated		21			11			25			18
Amortization (1)		(13	)		(11	)		(36	)		(34	)
Balance, end of period	$	217		$	217		$	217		$	217

⁽¹⁾ Amortization expense and changes in the impairment reserve are recorded in mortgage servicing, net on the consolidated income statement.