Mortgage banking activities |
12 Months Ended |
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Dec. 31, 2022 | |
Mortgage Banking [Abstract] | |
Mortgage Banking Activities | Note 10 – Mortgage banking activities Income mortgage residential mortgage contracts residential mortgage loans held for sale, if any, are recorded as part The following table presents the components of mortgage Years ended December (In thousands) 2022 2021 2020 Mortgage servicing fees, net of fair value adjustments: Mortgage servicing fees $ 36,487 $ 38,105 $ 43,234 Mortgage servicing rights fair value adjustments 236 (10,206) (42,055) Total mortgage 36,723 27,899 1,179 Net (loss) gain on sale of loans, including valuation on (251) 21,684 31,215 Trading account profit (loss): Realized gains (losses) on closed derivative positions 6,635 1,323 (10,586) Total trading account 6,635 1,323 (10,586) Losses on repurchased loans, including interest advances [1] (657) (773) (11,407) Total mortgage $ 42,450 $ 50,133 $ 10,401 [1] The Corporation, from time to time, repurchases delinquent may incur in losses related to previously advanced interest repurchased $ 687.9 10.5 the quarter ended September 30, 2020, the Corporation were previously presented within the indemnity reserves on loans |