XML 42 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Loan Servicing (Tables)
6 Months Ended
Jun. 30, 2020
Loan Servicing  
Summary of activity related to loan servicing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended

    

Six months ended

 

 

June 30, 

 

June 30, 

(dollars in thousands)

    

2020

    

2019

    

2020

    

2019

Balance, beginning of period

 

$

3,277

 

$

4,530

 

$

3,845

 

$

4,623

Additions

 

 

88

 

 

34

 

 

112

 

 

101

Amortization

 

 

(209)

 

 

(239)

 

 

(396)

 

 

(404)

(Impairment)/Recovery

 

 

(265)

 

 

(25)

 

 

(670)

 

 

(20)

Balance, end of period

 

$

2,891

 

$

4,300

 

$

2,891

 

$

4,300

 

Summary of key economic assumptions

 

 

 

 

 

 

 

 

 

    

June 30, 

    

December 31, 

 

(dollars in thousands)

 

2020

 

2019

 

Fair value of servicing rights

 

$

2,891

 

$

3,845

 

Weighted-average remaining term, years

 

 

19.9

 

 

20.1

 

Prepayment speeds

 

 

22.1

%  

 

11.8

%

Discount rate

 

 

9.0

%  

 

9.4

%