Mortgage banking activities (Tables)

3 Months Ended

Mar. 31, 2023

Mortgage Banking [Abstract]

Mortgage Banking Activities

Quarters ended March 31,

(In thousands)

2023

2022

Mortgage servicing fees, net of fair value adjustments:

Mortgage servicing fees

$

8,689

$

9,323

Mortgage servicing rights fair value adjustments

(1,376)

1,088

Total mortgage servicing fees, net of fair value adjustments

7,313

10,411

Net gain (loss) on sale of loans, including valuation on loans held-for-sale

[1]

263

(1,534)

Trading account (loss) profit:

Unrealized (loss) gains on outstanding derivative positions

(131)

2

Realized gains on closed derivative positions

56

4,135

Total trading account (loss) profit

(75)

4,137

Losses on repurchased loans, including interest advances

(101)

(149)

Total mortgage banking activities

$

7,400

$

12,865

[1] 

Effective on January 1, 2023, loans held-for-sale are stated at fair value. Prior to such date, loans held-for-sale were stated

at lower-of-cost-or-market.