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Goodwill, Intangible Assets, and Servicing Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table provides information regarding the core deposit intangibles at June 30, 2023 and December 31, 2022:

																		June 30, 2023												December 31, 2022
Core Deposit Intangibles Related To:						Amortization Period						Gross Amount						Accumulated Amortization						Carrying Amount						Accumulated Amortization						Carrying Amount
												(Dollars in thousands)
Foster Bankshares acquisition						10 years						$	2,763					$	(2,716)					$	47					$	(2,668)					$	95
Wilshire Bancorp acquisition						10 years						18,138						(13,355)						4,783						(12,507)						5,631
Total												$	20,901					$	(16,071)					$	4,830					$	(15,175)					$	5,726

Schedule of Servicing Assets

The changes in servicing assets for the three and six months ended June 30, 2023 and 2022, were as follows:

						Three Months Ended June 30,												Six Months Ended June 30,
						2023						2022						2023						2022
						(Dollars in thousands)
Balance at beginning of period						$	11,628					$	10,874					$	11,628					$	10,418
Additions through originations of servicing assets						884						1,427						1,849						2,890
Amortization						(980)						(1,086)						(1,945)						(2,093)
Balance at end of period						$	11,532					$	11,215					$	11,532					$	11,215

Summary of Fair Value Inputs

The inputs used in evaluating servicing assets for impairment at June 30, 2023 and December 31, 2022, are presented below.

						June 30, 2023						December 31, 2022
SBA Servicing Assets:
Weighted-average discount rate						10.46%						8.76%
Constant prepayment rate						12.13%						12.09%
Mortgage Servicing Assets:
Weighted-average discount rate						11.63%						11.38%
Constant prepayment rate						9.51%						9.61%

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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Tabular disclosure of activity in the balance of servicing assets subsequently measured at amortized cost. Includes, but is not limited to, beginning and ending balances, additions, disposals, and amortization.

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