Guarantees (Tables)

12 Months Ended

Dec. 31, 2022

Guarantee on loans sold or serviced with credit recourse

Guarantor Obligations [Line Items]

Credit recourse agreements reserve

The following table shows the changes in the Corporation’s liability of

estimated losses from these credit recourses agreements, included in the consolidated statements of financial condition during the

years ended December 31, 2022 and 2021.

Years ended December 31,

(In thousands)

2022

2021

Balance as of beginning of period

$

11,800

$

22,484

Provision (benefit) for recourse liability

(1,715)

(2,948)

Net charge-offs

(3,188)

(7,736)

Balance as of end of period

$

6,897

$

11,800