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v3.23.3

Fair Value (Tables) | 9 Months Ended
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Sep. 30, 2023
Fair Value Disclosures [Abstract] |
Undesignated Derivative Instruments | The fair value measurement of NVRM's undesignated derivative instruments was as follows:
|  | September 30, 2023 |  | December 31, 2022
Rate lock commitments: |  |  |  |
Gross assets |  | $ | 42,215 |  |  | $ | 32,246 |
Gross liabilities |  | 55,972 |  |  | 20,946 |
Net rate lock commitments |  | $ | (13,757) |  |  | $ | 11,300 |
Forward sales contracts: |  |  |  |
Gross assets |  | $ | 23,255 |  |  | $ | 4,843 |
Gross liabilities |  | 266 |  |  | 20,903 |
Net forward sales contracts |  | $ | 22,989 |  |  | $ | (16,060) |
Fair Value Measurement | The fair value measurement as of September 30, 2023 was as follows:
|  | Notional or Principal Amount |  | Assumed Gain From Loan Sale |  | Interest Rate Movement Effect |  | Servicing Rights Value |  | Security Price Change |  | Total Fair Value Measurement
Rate lock commitments |  | $ | 2,491,104 |  |  | $ | 7,448 |  |  | $ | (54,885) |  |  | $ | 33,680 |  |  | $ | — |  |  | $ | (13,757) |
Forward sales contracts |  | $ | 2,622,053 |  |  | — |  |  | — |  |  | — |  |  | 22,989 |  |  | 22,989 |
Mortgages held for sale |  | $ | 332,137 |  |  | 1,412 |  |  | (12,783) |  |  | 5,026 |  |  | — |  |  | (6,345) |
Total fair value measurement |  |  |  | $ | 8,860 |  |  | $ | (67,668) |  |  | $ | 38,706 |  |  | $ | 22,989 |  |  | $ | 2,887 |

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments not designated as hedging instruments reported in the statement of financial position. + References No definition available. + Details
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- Definition Unrealized gain (loss) from change in fair value measurements of derivatives not designated as hedging instruments included in earnings. + References No definition available. + Details
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