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Loan Servicing (Tables)
3 Months Ended
Mar. 31, 2023
Loan Servicing  
Summary of activity related to loan servicing

    

Three months ended

March 31, 

(dollars in thousands)

    

2023

    

2022

Balance, beginning of period

$

2,643

$

1,880

Additions

 

3

 

4

Amortization

 

(184)

 

(159)

Fair value adjustments

 

(41)

 

46

Balance, end of period

$

2,421

$

1,771

Summary of key economic assumptions

    

March 31, 

    

December 31, 

 

(dollars in thousands)

2023

2022

Fair value of servicing rights

$

2,421

$

2,643

Weighted-average remaining term, years

 

20.4

 

20.5

Prepayment speeds

 

6.8

%  

 

6.9

%

Discount rate

 

10.5

%  

 

10.5

%