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Servicing Assets (Tables)
 9 Months Ended
Sep. 30, 2021
Transfers and Servicing [Abstract]  
Schedule of Servicing Assets with Key Assumptions Used to Estimate Fair Value
The following table presents the composition of servicing assets with key assumptions used to estimate the fair value as of the dates indicated:
September 30, 2021December 31, 2020
($ in thousands)Residential PropertySBA PropertySBA Commercial TermResidential PropertySBA PropertySBA Commercial Term
Carrying amount
$87 $6,398 $524 $109 $5,642 $649 
Fair value
$119 $11,286 $787 $133 $8,498 $888 
Discount rate
6.33 %8.75 %9.64 %11.25 %13.25 %12.75 %
Prepayment speed
26.40 %8.82 %12.31 %27.20 %9.99 %11.01 %
Weighted average remaining life
22.1 years21.3 years6.3 years23.1 years21.1 years6.6 years
Underlying loans being serviced
$17,604 $430,084 $64,241 $22,299 $400,982 $75,514 
Schedule of Servicing Asset
The following table presents activity in servicing assets for the three months ended September 30, 2021 and 2020:
Three Months Ended September 30,
20212020
($ in thousands)Residential PropertySBA PropertySBA Commercial TermResidential PropertySBA PropertySBA Commercial Term
Balance at beginning of period
$96 $5,800 $586 $125 $5,554 $720 
Additions
— 1,040 13 — 140 16 
Amortization
(9)(442)(75)(8)(320)(61)
Balance at end of period
$87 $6,398 $524 $117 $5,374 $675 
The following table presents activity in servicing assets for the nine months ended September 30, 2021 and 2020:
Nine Months Ended September 30,
20212020
($ in thousands)Residential PropertySBA PropertySBA Commercial TermResidential PropertySBA PropertySBA Commercial Term
Balance at beginning of period
$109 $5,642 $649 $171 $5,805 $822 
Additions
— 2,021 84 — 653 100 
Amortization
(22)(1,265)(209)(54)(1,084)(247)
Balance at end of period
$87 $6,398 $524 $117 $5,374 $675