Loan Servicing - Summary of Activity Relating to Mortgage Servicing Rights (Detail) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
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Mortgage servicing rights: | ||||
Balance at beginning of period | $ 17,801 | $ 17,318 | $ 18,173 | $ 15,372 |
Additions through originations | 160 | 1,455 | 537 | 4,241 |
Amortization | (731) | (759) | (1,480) | (1,599) |
Balance at end of period | 17,230 | 18,014 | 17,230 | 18,014 |
Valuation allowance: | ||||
Balance at beginning of period | 2,423 | 2,574 | 2,558 | 2,995 |
Provision (release) | (286) | 65 | (421) | (356) |
Balance at end of period | 2,137 | 2,639 | 2,137 | 2,639 |
Amortized cost, net | 15,093 | 15,375 | 15,093 | 15,375 |
Fair value | $ 17,369 | $ 15,673 | $ 17,369 | $ 15,673 |
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- Definition Mortgage servicing rights, net. No definition available.
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- Definition Amortized amount of contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of additions from purchases, assumption or transfer to contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of amortization of contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Reflects the estimated amount of impairment as of the balance sheet date of recognized servicing assets that are being amortized in proportion to and over the period of estimated net servicing income or loss. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in the valuation allowance for impairment of contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer from expenses (recoveries) recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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