XML 46 R35.htm IDEA: XBRL DOCUMENT v3.21.2

Mortgage Banking Activities (Tables)

9 Months Ended

Sep. 30, 2021

Mortgage Banking [Abstract]

Schedule of Components of Residential Loan Fee Income

The following table presents the components of residential loan fee income for the three and nine months ended September 30, 2021 and 2020:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2021						2020						2021						2020
Net gain realized on sale of residential loans held for sale			$	22,761					$	29,771					$	74,604					$	59,328
Net change in fair value recognized on residential loans held for sale			(1,381)						1,300						(6,168)						3,190
Net change in fair value recognized on interest rate lock commitments			(1,288)						1,149						(6,356)						4,788
Net change in fair value recognized on mandatory and best efforts forward sales contracts			(1,017)						(3,717)						6,847						(11,167)
Mortgage banking fees			2,248						2,723						7,777						5,749
Residential loan fee income			$	21,323					$	31,226					$	76,704					$	61,888

Schedule of Net Gains (Losses) Relating to Free-Standing Derivative Instruments Used for Risk Management

The net gains (losses) relating to free-standing derivative instruments used for risk management at September 30, 2021 and December 31, 2020 are summarized below:

			September 30, 2021						December 31, 2020
Mandatory forward sales contracts			$	960					$	(4,455)
Best efforts forward sales contracts			30						55
Interest rate lock commitments			1,244						7,553

Schedule of Derivative Assets at Fair Value

The following table reflects the amount and fair value of mortgage banking derivatives included in the Consolidated Balance Sheets at September 30, 2021 and December 31, 2020:

			September 30, 2021												December 31, 2020
			Notional Amount						Fair Value						Notional Amount						Fair Value
Included in other assets:
Interest rate lock commitments			$	128,915					$	1,579					$	390,676					$	7,565
Mandatory forward sales contracts			181,000						1,004						—						—
Best efforts forward sales contracts			17,447						30						19,803						55
Included in other liabilities:
Interest rate lock commitments			49,287						335						8,046						12
Mandatory forward sales contracts			23,500						44						514,000						4,455

Schedule of Derivative Liabilities at Fair Value

			September 30, 2021												December 31, 2020
			Notional Amount						Fair Value						Notional Amount						Fair Value
Included in other assets:
Interest rate lock commitments			$	128,915					$	1,579					$	390,676					$	7,565
Mandatory forward sales contracts			181,000						1,004						—						—
Best efforts forward sales contracts			17,447						30						19,803						55
Included in other liabilities:
Interest rate lock commitments			49,287						335						8,046						12
Mandatory forward sales contracts			23,500						44						514,000						4,455

X

- Definition

Schedule Of Components Of Noninterest Income

+ References

No definition available.

+ Details

Name:	fhbi_ScheduleOfComponentsOfNoninterestIncomeTableTextBlock
Namespace Prefix:	fhbi_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of derivative assets at fair value.

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

+ Details

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

X

- Definition

Tabular disclosure of derivative liabilities at fair value.

+ References

No definition available.

+ Details

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