Mortgage Banking (Tables)

12 Months Ended

Dec. 31, 2022

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)	2022		2021		2020
Servicing Assets:
Balance at beginning of year	$	2,470	$	2,196	$	877
Capitalized servicing right fees upon sale(1)	370		790		1,763
Amortization charged against mortgage servicing fee income(2)	(382)		(515)		(419)
Valuation adjustment	—		(1)		(25)
Balance at end of year	$	2,458	$	2,470	$	2,196
Valuation Allowance:
Balance at beginning of year	$	(1)	$	(27)	$	(2)
Decrease (increase) in impairment reserve	1		26		(25)
Balance at end of year	$	—	$	(1)	$	(27)
Fair value, beginning of year	$	3,310	$	2,447	$	1,496
Fair value, end of year	$	4,412	$	3,310	$	2,447

(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.