Mortgage Banking (Tables)

12 Months Ended

Dec. 31, 2020

Transfers and Servicing [Abstract]

Schedule of Mortgage Servicing Rights Capitalized and Amortized

The following summarizes servicing assets capitalized and amortized, along with the activity in the related valuation allowance as of and for the periods indicated:

	As of and For The Year Ended December 31,
(In thousands)	2020		2019		2018
Servicing Assets:
Balance at beginning of year	$	877	$	831	$	1,025
Capitalized servicing right fees upon sale(1)	1,763		263		—
Amortization charged against mortgage servicing fee income(2)	(419)		(216)		(200)
Valuation adjustment	(25)		(1)		6
Balance at end of year	$	2,196	$	877	$	831
Valuation Allowance:
Balance at beginning of year	$	(2)	$	(1)	$	(7)
(Increase) decrease in impairment reserve	(25)		(1)		6
Balance at end of year	$	(27)	$	(2)	$	(1)
Fair value, beginning of year	$	1,496	$	1,677	$	1,766
Fair value, end of year	$	2,447	$	1,496	$	1,677

(1)    Associated income was reported within mortgage banking income, net on the consolidated statements of income.

(2)    Associated amortization expense was reported within mortgage banking income, net on the consolidated statements of income.