Mortgage banking activities (Tables)

6 Months Ended

Jun. 30, 2023

Mortgage Banking [Abstract]

Mortgage Banking Activities

Quarters ended June 30,

Six months ended June 30,

(In thousands)

2023

2022

2023

2022

Mortgage servicing fees, net of fair value adjustments:

Mortgage servicing fees

$

8,369

$

9,186

$

17,058

$

18,509

Mortgage servicing rights fair value adjustments

(6,216)

2,257

(7,592)

3,345

Total mortgage servicing fees, net of fair value adjustments

2,153

11,443

9,466

21,854

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

(61)

36

202

(1,498)

Trading account profit (loss):

Unrealized gains (loss) on outstanding derivative positions

246

(2)

115

-

Realized gains on closed derivative positions

111

2,430

167

6,565

Total trading account profit

357

2,428

282

6,565

Losses on repurchased loans, including interest advances

(133)

(332)

(234)

(481)

Total mortgage banking activities

$

2,316

$

13,575

$

9,716

$

26,440

[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.