XML 40 R27.htm IDEA: XBRL DOCUMENT v3.23.1

Mortgage Servicing Rights (Tables)

3 Months Ended

Mar. 31, 2023

Transfers and Servicing [Abstract]

Summary of Changes in Mortgage Servicing Rights

The following table summarizes the changes in MSRs, which are included in other assets on the consolidated balance sheets, with adjustments to the carrying value included in mortgage banking income on the consolidated statements of income:

			Three months ended March 31
			2023						2022
			(dollars in thousands)
Amortized cost:
Balance at beginning of period			$	34,217					$	35,993
Originations of MSRs			196						1,355
Amortization			(1,331)						(1,724)
Balance at end of period			$	33,082					$	35,624
Valuation allowance:
Balance at beginning of period			$	—					$	(600)
Reduction (addition) to valuation allowance			—						600
Balance at end of period			$	—					$	—
Net MSRs at end of period			$	33,082					$	35,624
Estimated fair value of MSRs at end of period			$	47,223					$	47,609

X

- Definition

Tabular disclosure of activity in the balance of servicing assets subsequently measured at amortized cost. Includes, but is not limited to, beginning and ending balances, additions, disposals, and amortization.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 860
-SubTopic 50
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481229/860-50-50-4

+ Details

Name:	us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TransfersAndServicingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration