XML 48 R32.htm IDEA: XBRL DOCUMENT v3.22.4
Capitalized Mortgage Servicing Rights (Tables) - MSRs
12 Months Ended
Dec. 31, 2022
Capitalized Mortgage Servicing Rights  
Summary of capitalized MSR activity

A summary of our capitalized MSR activity is as follows (in thousands):

Year Ended December 31, 2022

Year Ended December 31, 2021

    

Originated

    

Acquired

    

Total

    

Originated

    

Acquired

    

Total

Beginning balance

$

395,573

$

27,161

$

422,734

$

336,466

$

43,508

$

379,974

Additions

83,115

83,115

134,116

134,116

Amortization

(53,449)

(6,427)

(59,876)

(47,845)

(10,770)

(58,615)

Write-downs and payoffs

(38,361)

(6,141)

(44,502)

(27,164)

(5,577)

(32,741)

Ending balance

$

386,878

$

14,593

$

401,471

$

395,573

$

27,161

$

422,734

Summary of expected amortization of capitalized MSRs recorded

The expected amortization of capitalized MSRs recorded at December 31, 2022 is as follows (in thousands):

Year

    

Amortization

2023

 

$

61,024

2024

 

59,025

2025

 

55,033

2026

 

49,121

2027

44,287

Thereafter

 

132,981

Total

$

401,471