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Loan Servicing (Tables)
6 Months Ended
Jun. 30, 2021
Loan Servicing  
Summary of activity related to loan servicing

    

Three months ended

    

Six months ended

June 30, 

June 30, 

(dollars in thousands)

    

2021

    

2020

    

2021

    

2020

Balance, beginning of period

$

1,952

$

3,277

$

1,987

$

3,845

Additions

62

88

 

111

 

112

Amortization

(185)

(209)

 

(385)

 

(396)

(Impairment)/Recovery

135

(265)

 

251

 

(670)

Balance, end of period

$

1,964

$

2,891

$

1,964

$

2,891

Summary of key economic assumptions

    

June 30, 

    

December 31, 

 

(dollars in thousands)

2021

2020

Fair value of servicing rights

$

1,964

$

1,987

Weighted-average remaining term, years

 

20.1

 

20.1

Prepayment speeds

 

17.2

%  

 

17.7

%

Discount rate

 

9.3

%  

 

9.0

%