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Loans Held for Sale, at Fair Value (Tables) | 3 Months Ended
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Mar. 31, 2023
Accounts and Financing Receivables, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance [Abstract] |
Summary of Loans Held for Sale | Loans held for sale had a cost basis and fair value as follows (in thousands):
| March 31, 2023 |  | December 31, 2022
Cost Basis | $ | 428,664 |  |  | $ | 137,633 |
Fair Value | 434,852 |  |  | 138,345 |
Interest income and gains (losses) for fair value adjustments on loans held for sale were as follows (in thousands):
|  | Three Months Ended March 31, |  |  |  |
|  | 2023 |  | 2022 |  |  |  |  |  |
Interest income on loans held for sale |  | $ | 2,138 |  |  | $ | 4,944 |  |  |  |  |  |  |
Gains recognized on change in fair value on loans held for sale |  | 6,188 |  |  | 965 |  |  |  |  |  |  |

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