Quarters ended June 30,

Six months ended June 30,

(In thousands)

2019

2018

2019

2018

Mortgage servicing fees, net of fair value adjustments:

Mortgage servicing fees

$

11,916

$

12,425

$

23,603

$

24,881

Mortgage servicing rights fair value adjustments

(17,186)

(4,622)

(21,011)

(8,929)

Total mortgage servicing fees, net of fair value adjustments

(5,270)

7,803

2,592

15,952

Net gain on sale of loans, including valuation on loans held-for-sale

5,215

2,460

9,232

3,517

Trading account (loss) profit:

Unrealized (losses) gains on outstanding derivative positions

(227)

45

(227)

(176)

Realized (losses) gains on closed derivative positions

(1,491)

(237)

(3,444)

2,846

Total trading account (loss) profit

(1,718)

(192)

(3,671)

2,670

Total mortgage banking activities

$

(1,773)

$

10,071

$

8,153

$

22,139