Three Months Ended
September 30,

Nine Months Ended
September 30,

($ in thousands)

2022

2021

2022

2021

Balance at beginning of period

$

13,408

$

10,678

$

12,034

$

7,759

Mortgage servicing rights capitalized during the period

396

1,211

1,684

3,658

Mortgage servicing rights amortization during the period

(396

)

(943

)

(1,439

)

(3,078

)

Net change in valuation allowance

65

248

1,194

2,855

Balance at end of period

$

13,473

$

11,194

$

13,473

$

11,194

Valuation allowance:

Balance at beginning of period

$

327

$

2,285

$

1,456

$

4,892

Increase (decrease)

(65

)

(248

)

(1,194

)

(2,855

)

Balance at end of period

$

262

$

2,037

$

262

$

2,037

Fair value, beginning of period

$

15,135

$

11,067

$

12,629

$

7,759

Fair value, end of period

$

15,460

$

11,241

$

15,460

$

11,241