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v3.23.3

Allowance for Credit Losses - Amortized Cost Basis of Financing Receivables with Loan Modifications (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Interest Rate Reduction |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans | $ 16,620 | $ 9,750 | $ 39,263 | $ 25,065
% of Total Class of Financing Receivable | 0.07% | 0.05% | 0.17% | 0.12%
Combination - Interest Rate Reduction and Term Extension |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans | $ 90,193 | $ 79,765 | $ 254,639 | $ 237,588
% of Total Class of Financing Receivable | 0.39% | 0.40% | 1.10% | 1.18%
Private Education Loans | Interest Rate Reduction |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans | $ 16,620 | $ 9,750 | $ 39,263 | $ 25,065
% of Total Class of Financing Receivable | 0.07% | 0.05% | 0.17% | 0.12%
Private Education Loans | Interest Rate Reduction | Maximum |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Average contractual rate | 13.57% | 11.31% | 13.29% | 10.76%
Private Education Loans | Interest Rate Reduction | Minimum |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Average contractual rate | 4.00% | 4.00% | 4.00% | 4.00%
Private Education Loans | Combination - Interest Rate Reduction and Term Extension |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Loans | $ 90,193 | $ 79,765 | $ 254,639 | $ 237,588
% of Total Class of Financing Receivable | 0.39% | 0.40% | 1.10% | 1.18%
Weighted average life of loans | 10 years 2 months 19 days | 10 years 2 months 26 days | 10 years 2 months 26 days | 10 years 4 months 17 days
Private Education Loans | Combination - Interest Rate Reduction and Term Extension | Maximum |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Average contractual rate | 13.12% | 10.87% | 12.84% | 10.17%
Private Education Loans | Combination - Interest Rate Reduction and Term Extension | Minimum |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Average contractual rate | 4.00% | 4.00% | 4.00% | 4.00%

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- Definition Financing Receivable, Change in Contractual Rate + References No definition available. + Details
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- Definition Financing Receivable, Excluding Accrued Interest, Before Allowance For Credit Losses, Loan Modifications, Amortized Cost + References No definition available. + Details
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- Definition Loan Modifications Made to Borrowers Experiencing Financial Difficulty, Percentage + References No definition available. + Details
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