Loan Servicing (Tables)

9 Months Ended

Sep. 30, 2023

Loan Servicing

Summary of activity related to loan servicing

	Three months ended				Nine months ended
	September 30,				September 30,
(dollars in thousands)	2023		2022		2023		2022
Balance, beginning of period	$	2,351	$	2,064	$	2,643	$	1,880
Additions		—		604		23		622
Amortization		(140)		(110)		(458)		(367)
Fair value adjustments		3		222		6		645
Balance, end of period	$	2,214	$	2,780	$	2,214	$	2,780

Summary of key economic assumptions

	September 30,			December 31,
(dollars in thousands)	2023			2022
Fair value of servicing rights	$	2,214		$	2,643
Weighted-average remaining term, years		18.8			20.5
Prepayment speeds		5.9	%		6.9	%
Discount rate		11.1	%		10.5	%