Loan Servicing Rights (Tables)

9 Months Ended

Sep. 30, 2020

Transfers and Servicing [Abstract]

Schedule of Servicing Assets at Fair Value

Information regarding LSRs was as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2020			2019			2020			2019
Balance, beginning of period	$	38,816		$	18		$	56,313		$	23
Acquired in the Merger	—			59,567			—			59,567
New servicing assets created	5,280			1,906			11,238			1,906
Impairment (charge) recovery	(154		)	(4,520		)	(17,248		)	(4,520		)
Amortization	(5,689		)	(1,670		)	(12,050		)	(1,675		)
Balance, end of period	$	38,253		$	55,301		$	38,253		$	55,301
Valuation allowance, end of period	$	(21,131	)	$	(4,520	)	$	(21,131	)	$	(4,520	)
Loans serviced for others that have servicing rights capitalized, end of period	$	6,179,464		$	6,647,153		$	6,179,464		$	6,647,153