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Servicing Assets (Tables)
12 Months Ended
Dec. 31, 2019
Transfers and Servicing [Abstract]  
Servicing Asset at Amortized Cost
The changes in net servicing assets for the year ended December 31, 2019 and 2018 were as follows:
 
Year Ended December 31,
 
2019
 
2018
 
(Dollars in thousands)
Balance at beginning of period
$
23,132

 
$
24,710

Additions through originations of servicing assets
1,790

 
6,157

Amortization
(8,505
)
 
(7,735
)
Balance at end of period
$
16,417

 
$
23,132


Schedule of Servicing Assets at Fair Value
The Company utilizes the discounted cash flow method to calculate the initial excess servicing assets. The inputs used in evaluating servicing assets for impairment at December 31, 2019 and December 31, 2018 are presented below.
 
December 31, 2019
 
December 31, 2018
SBA Servicing Assets:
 
 
 
Weighted-average discount rate
9.19%
 
11.23%
Constant prepayment rate
14.17%
 
11.09%
Mortgage Servicing Assets:
 
 
 
Weighted-average discount rate
9.25%
 
10.25%
Constant prepayment rate
9.57%
 
7.13%