Mortgage Servicing Rights (Tables)

6 Months Ended

Jun. 30, 2023

Other Assets.

Schedule of estimated future amortization expense for MSRs

	Estimated
(dollars in thousands)	Amortization
Under one year	$	885
One to two years		786
Two to three years		696
Three to four years		614
Four to five years		542

Schedule of details of the Company's MSRs

	June 30,		December 31,
(dollars in thousands)	2023		2022
Gross carrying amount	$	69,341	$	69,273
Less: accumulated amortization		63,269		62,711
Net carrying value	$	6,072	$	6,562

Schedule of changes in amortized MSRs

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands)	2023		2022		2023		2022
Balance at beginning of period	$	6,299	$	7,650	$	6,562	$	8,302
Originations		51		20		68		105
Amortization		(278)		(518)		(558)		(1,255)
Balance at end of period	$	6,072	$	7,152	$	6,072	$	7,152
Fair value of amortized MSRs at beginning of period	$	15,169	$	13,585	$	15,193	$	12,243
Fair value of amortized MSRs at end of period	$	14,557	$	14,969	$	14,557	$	14,969

Schedule of quantitative assumptions used in determining lower of cost or fair value of MSRs

	June 30, 2023							December 31, 2022
						Weighted							Weighted
	Range					Average		Range					Average
Conditional prepayment rate	6.96	%	-	11.63	%	7.07	%	7.02	%	-	13.58	%	7.11	%
Life in years (of the MSR)	3.97		-	7.29		7.13		3.35		-	7.37		7.20
Weighted-average coupon rate	3.55	%	-	5.91	%	3.69	%	3.55	%	-	6.24	%	3.68	%
Discount rate	10.36	%	-	10.53	%	10.51	%	10.41	%	-	10.54	%	10.51	%