Loan Servicing (Tables)

9 Months Ended

Sep. 30, 2020

Loan Servicing

Summary of activity related to loan servicing

	Three months ended				Nine months ended
	September 30,				September 30,
(dollars in thousands)	2020		2019		2020		2019
Balance, beginning of period	$	2,891	$	4,300	$	3,845	$	4,623
Additions		42		179		154		279
Amortization		(296)		(287)		(692)		(690)
(Impairment)/Recovery		(58)		(46)		(728)		(66)
Balance, end of period	$	2,579	$	4,146	$	2,579	$	4,146

Summary of key economic assumptions

	September 30,			December 31,
(dollars in thousands)	2020			2019
Fair value of servicing rights	$	2,579		$	3,845
Weighted-average remaining term, years		20.0			20.1
Prepayment speeds		23.8	%		11.8	%
Discount rate		9.0	%		9.4	%