Three Months Ended
June 30,

Six Months Ended
June 30,

($ in thousands)

2023

2022

2023

2022

Balance at beginning of period

$

13,548

$

13,135

$

13,503

$

12,034

Mortgage servicing rights capitalized during the period

525

530

805

1,288

Mortgage servicing rights amortization during the period

(334

)

(496

)

(625

)

(1,043

)

Net change in valuation allowance

(16

)

239

40

1,129

Balance at end of period

$

13,723

$

13,408

$

13,723

$

13,408

Valuation allowance:

Balance at beginning of period

$

121

$

566

$

177

$

1,456

Increase (decrease)

16

(239

)

(40

)

(1,129

)

Balance at end of period

$

137

$

327

$

137

$

327

Fair value, beginning of period

$

16,911

$

14,433

$

15,754

$

12,629

Fair value, end of period

$

16,645

$

15,135

$

16,645

$

15,135