Servicing Assets (Tables)

9 Months Ended

Sep. 30, 2019

Mortgage Servicing Rights

Servicing Assets at Fair Value [Line Items]

Schedule of servicing assets

	Three Months Ended September 30,			Nine Months Ended September 30,
(dollars in thousands)	2019		2018	2019		2018
Balance at beginning of the period	$	236	62	$	232	—
Servicing rights capitalized		107	89		198	152
Amortization of servicing rights		(17)	(3)		(39)	(4)
Change in valuation allowance		(12)	—		(77)	—
Balance at end of the period	$	314	148	$	314	148

Schedule of valuation allowance for servicing assets

	Three Months Ended September 30,			Nine Months Ended September 30,
(dollars in thousands)	2019		2018	2019		2018
Valuation allowance, beginning of period	$	(65)	—	$	—	—
Impairment		(12)	—		(77)	—
Recovery		—	—		—	—
Valuation allowance, end of period	$	(77)	—	$	(77)	—

Schedule of sensitivity of fair value of servicing assets

(dollars in thousands)	September 30, 2019		December 31, 2018
Fair value of residential mortgage servicing rights	$	314	$	213
Weighted average life (years)		7.4		3.4
Prepayment speed		16.02%		11.78%
Impact on fair value:
10% adverse change	$	(16)	$	(9)
20% adverse change		(30)		(17)
Discount rate		9.25%		9.50%
Impact on fair value:
10% adverse change	$	(9)	$	(8)
20% adverse change		(18)		(15)

SBA Loan Servicing Rights

Servicing Assets at Fair Value [Line Items]

Schedule of servicing assets

	Three Months Ended September 30,			Nine Months Ended September 30,
(dollars in thousands)	2019		2018	2019		2018
Balance at beginning of the period	$	133	—	$	—	—
Servicing rights capitalized		198	—		331	—
Amortization of servicing rights		(6)	—		(6)	—
Change in valuation allowance		(4)	—		(4)	—
Balance at end of the period	$	321	—	$	321	—

Schedule of valuation allowance for servicing assets

	Three Months Ended September 30,			Nine Months Ended September 30,
(dollars in thousands)	2019		2018	2019		2018
Valuation allowance, beginning of period	$	—	—	$	—	—
Impairment		(4)	—		(4)	—
Recovery		—	—		—	—
Valuation allowance, end of period	$	(4)	—	$	(4)	—

Schedule of sensitivity of fair value of servicing assets

(dollars in thousands)	September 30, 2019
Fair value of SBA loan servicing rights	$	321
Weighted average life (years)		4.5
Prepayment speed		10.34%
Impact on fair value:
10% adverse change	$	(11)
20% adverse change		(21)
Discount rate		8.88%
Impact on fair value:
10% adverse change	$	(9)
20% adverse change		(18)