Loan Servicing (Tables)

9 Months Ended

Sep. 30, 2022

Loan Servicing

Summary of activity related to loan servicing

	Three months ended				Nine months ended
	September 30,				September 30,
(dollars in thousands)	2022		2021		2022		2021
Balance, beginning of period	$	2,064	$	1,964	$	1,880	$	1,987
Additions		604		84		622		195
Amortization		(110)		(195)		(367)		(580)
(Impairment)/Recovery		222		(77)		645		174
Balance, end of period	$	2,780	$	1,776	$	2,780	$	1,776

Summary of key economic assumptions

	September 30,			December 31,
(dollars in thousands)	2022			2021
Fair value of servicing rights	$	2,780		$	1,880
Weighted-average remaining term, years		20.6			20.3
Prepayment speeds		6.7	%		14.2	%
Discount rate		10.0	%		9.5	%