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Servicing Assets (Tables)
 6 Months Ended
Jun. 30, 2020
Transfers and Servicing [Abstract]  
Schedule of Servicing Assets with Key Assumptions Used to Estimate Fair Value
The following table presents the composition of servicing assets with key assumptions used to estimate the fair value as of the dates indicated:
June 30, 2020December 31, 2019
($ in thousands)Residential PropertySBA PropertySBA Commercial TermResidential PropertySBA PropertySBA Commercial Term
Carrying amount
$125  $5,554  $720  $171  $5,805  $822  
Fair value
$160  $7,136  $927  $200  $6,693  $976  
Discount rate
11.25 %13.25 %12.75 %11.25 %13.25 %12.75 %
Prepayment speed
25.10 %14.08 %13.44 %26.60 %16.28 %16.03 %
Weighted average remaining life
31.3 years21.1 years6.8 years24.2 years21.3 years7.0 years
Underlying loans being serviced
$25,005  $390,178  $78,817  $32,428  $384,007  $82,181  
Schedule of Servicing Asset
The following table presents activity in servicing assets for the three months ended June 30, 2020 and 2019:
Three Months Ended June 30,
20202019
($ in thousands)Residential PropertySBA PropertySBA Commercial TermResidential PropertySBA PropertySBA Commercial Term
Balance at beginning of period
$153  $5,448  $757  $221  $6,277  $987  
Additions
—  391  42  —  386  56  
Amortization
(28) (285) (79) (17) (569) (111) 
Balance at end of period
$125  $5,554  $720  $204  $6,094  $932  
The following table presents activity in servicing assets for the six months ended June 30, 2020 and 2019:
Six Months Ended June 30,
20202019
($ in thousands)Residential PropertySBA PropertySBA Commercial TermResidential PropertySBA PropertySBA Commercial Term
Balance at beginning of period
$171  $5,805  $822  $244  $6,349  $1,073  
Additions
—  513  84  —  670  107  
Amortization
(46) (764) (186) (40) (925) (248) 
Balance at end of period
$125  $5,554  $720  $204  $6,094  $932