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Mortgage Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2023
Mortgage Servicing Right [Abstract]  
Fair Value of Mortgage Servicing Rights
The following tables summarize the activity in, and the main assumptions used to determine the fair value of mortgage servicing rights for the periods indicated (dollars in thousands):
(in thousands)Year ended December 31,
202320222021
Balance at beginning of period$6,712 $5,874 $5,092 
Additions400 537 1,654 
Change in fair value(506)301 (872)
Balance at end of period$6,606 $6,712 $5,874 
Contractually specified servicing fees, late fees and ancillary fees earned$1,808 $1,887 $1,881 
Balance of loans serviced at:
Beginning of period$739,919 $770,299 $779,530 
End of period$714,801 $739,919 $770,299 
Period end:
Weighted-average prepayment speed (CPR)116.0 %127.0 %208.0 %
Weighted-average expected life (years)7.87.65.7
Weighted-average discount rate12.0 %12.0 %12.0 %