XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Mortgage Servicing Rights | 9 Months Ended
--- | ---
Sep. 30, 2021
Mortgage Servicing Rights [Abstract] |
MORTGAGE SERVICING RIGHTS | NOTE 7 – MORTGAGE SERVICING RIGHTS Mortgage loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balance of mortgage loans serviced for others approximated $1.3 billion at September 30, 2021 and $1.3 billion at December 31, 2020. Contractually specified servicing fees of $0.9 million and $2.5 million were included in mortgage loan servicing fees in the consolidated income statement for the three months and nine months ended September 30, 2021, respectively. Servicing fees of $0.8 million and $2.4 million were included for the three and nine months ended September 30, 2020, respectively. The following table summarizes mortgage servicing rights capitalized and related amortization, along with activity in the related valuation allowance:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
($ in thousands) |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Balance at beginning of period |  | $ | 10,678 |  |  | $ | 8,168 |  |  | $ | 7,759 |  |  | $ | 11,017 |
Mortgage servicing rights capitalized during the period |  |  | 1,211 |  |  |  | 1,349 |  |  |  | 3,658 |  |  |  | 3,971 |
Mortgage servicing rights amortization during the period |  |  | (943 | ) |  |  | (1,308 | ) |  |  | (3,078 | ) |  |  | (3,479 | )
Net change in valuation allowance |  |  | 248 |  |  |  | 326 |  |  |  | 2,855 |  |  |  | (2,974 | )
Balance at end of period |  | $ | 11,194 |  |  | $ | 8,535 |  |  | $ | 11,194 |  |  | $ | 8,535 |
Valuation allowance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 2,285 |  |  | $ | 4,606 |  |  | $ | 4,892 |  |  | $ | 1,306 |
Increase (decrease) |  |  | (248 | ) |  |  | (326 | ) |  |  | (2,855 | ) |  |  | 2,974 |
Balance at end of period |  | $ | 2,037 |  |  | $ | 4,280 |  |  | $ | 2,037 |  |  | $ | 4,280 |

X
- References No definition available. + Details
Name: | sbfg_MortgageServicingRightsAbstract
Namespace Prefix: | sbfg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for mortgage servicing rights. + References No definition available. + Details
Name: | sbfg_MortgageServicingRightsTextBlock
Namespace Prefix: | sbfg_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration