XML 48 R38.htm IDEA: XBRL DOCUMENT v3.22.2.2

Goodwill, Intangible Assets, and Servicing Assets (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table provides information regarding the core deposit intangibles at September 30, 2022 and December 31, 2021:

																		September 30, 2022												December 31, 2021
Core Deposit Intangibles Related To:						Amortization Period						Gross Amount						Accumulated Amortization						Carrying Amount						Accumulated Amortization						Carrying Amount
												(Dollars in thousands)
Foster Bankshares acquisition						10 years						$	2,763					$	(2,627)					$	136					$	(2,504)					$	259
Wilshire Bancorp acquisition						10 years						18,138						(12,062)						6,076						(10,726)						7,412
Total												$	20,901					$	(14,689)					$	6,212					$	(13,230)					$	7,671

Schedule of Servicing Assets

The changes in servicing assets for the three and nine months ended September 30, 2022 and 2021 were as follows:

						Three Months Ended September 30,												Nine Months Ended September 30,
						2022						2021						2022						2021
						(Dollars in thousands)
Balance at beginning of period						$	11,215					$	11,566					$	10,418					$	12,692
Additions through originations of servicing assets						1,338						710						4,228						2,039
Amortization						(952)						(1,489)						(3,045)						(3,944)
Balance at end of period						$	11,601					$	10,787					$	11,601					$	10,787

Summary of Fair Value Inputs

The inputs used in evaluating servicing assets for impairment at September 30, 2022 and December 31, 2021 are presented below.

						September 30, 2022						December 31, 2021
SBA Servicing Assets:
Weighted-average discount rate						9.67%						11.20%
Constant prepayment rate						12.05%						14.64%
Mortgage Servicing Assets:
Weighted-average discount rate						11.88%						8.63%
Constant prepayment rate						9.63%						9.58%

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

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

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

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

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=128311188&loc=d3e122739-111746

+ Details

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