Loan Servicing (Tables)

6 Months Ended

Jun. 30, 2023

Loan Servicing

Summary of activity related to loan servicing

	Three months ended				Six months ended
	June 30,				June 30,
(dollars in thousands)	2023		2022		2023		2022
Balance, beginning of period	$	2,421	$	1,771	$	2,643	$	1,880
Additions		20		13		23		17
Amortization		(134)		(96)		(318)		(256)
Fair value adjustments		44		376		3		423
Balance, end of period	$	2,351	$	2,064	$	2,351	$	2,064

Summary of key economic assumptions

	June 30,			December 31,
(dollars in thousands)	2023			2022
Fair value of servicing rights	$	2,351		$	2,643
Weighted-average remaining term, years		19.0			20.5
Prepayment speeds		6.1	%		6.9	%
Discount rate		11.0	%		10.5	%