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

    

Three months ended

    

Nine months ended

September 30, 

September 30, 

(dollars in thousands)

    

2021

    

2020

    

2021

    

2020

Balance, beginning of period

$

1,964

$

2,891

$

1,987

$

3,845

Additions

84

42

 

195

 

154

Amortization

(195)

(296)

 

(580)

 

(692)

(Impairment)/Recovery

(77)

(58)

 

174

 

(728)

Balance, end of period

$

1,776

$

2,579

$

1,776

$

2,579

Summary of key economic assumptions

    

September 30, 

    

December 31, 

 

(dollars in thousands)

2021

2020

Fair value of servicing rights

$

1,776

$

1,987

Weighted-average remaining term, years

 

20.4

 

20.1

Prepayment speeds

 

15.4

%  

 

17.7

%

Discount rate

 

9.3

%  

 

9.0

%