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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 2021
Mortgage Banking [Abstract]  
Mortgage Banking Operations
The following table presents the Company's revenue from mortgage banking operations:
(Dollars in thousands)Years Ended December 31,
Mortgage banking revenue
202120202019
Origination$1,379 $1,880 $1,000 
Gain on sale of loans held for sale11,862 13,481 4,348 
Originations of MSRs5,153 5,709 2,595 
Servicing5,990 6,116 6,547 
Total gross mortgage revenue24,384 27,186 14,490 
MSR valuation adjustments, net(2,593)(12,746)(7,012)
Mortgage HFS and pipeline fair value adjustment(6,897)7,351 979 
MSR hedge impact(1,967)7,812 3,852 
Mortgage banking revenue$12,927 $29,603 $12,309 
Schedule of Activity in Mortgages Servicing Rights (MSRs)
Activity in MSRs was as follows:
Years Ended December 31,
(Dollars in thousands)202120202019
Fair Value at Beginning of Period$13,660 $20,697 $25,114 
Originations of MSRs5,153 5,709 2,595 
MSR valuation adjustments, net(2,593)(12,746)(7,012)
Fair Value at End of Period$16,220 $13,660 $20,697