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Loan Servicing (Tables)
12 Months Ended
Dec. 31, 2022
Loan Servicing  
Summary of activity related to loan servicing

    

Year ended

December 31, 

(dollars in thousands)

    

2022

    

2021

 

2020

Balance, beginning of period

$

1,880

$

1,987

$

3,845

Additions

 

622

 

225

178

Amortization

 

(524)

 

(745)

(922)

(Impairment)/Recovery

 

665

 

413

(1,114)

Balance, end of period

$

2,643

$

1,880

$

1,987

Summary of key economic assumptions

    

December 31, 

    

December 31, 

 

(dollars in thousands)

2022

2021

Fair value of servicing rights

$

2,643

$

1,880

Weighted-average remaining term, years

 

20.5

 

20.3

Prepayment speeds

 

6.9

%  

 

14.2

%

Discount rate

 

10.5

%  

 

9.5

%