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Guarantees (Tables)
9 Months Ended
Sep. 30, 2024
Guarantor Obligations [Line Items]  
Estimated losses associated with indemnifications and representations and warranties related to loans sold
The following table shows the changes in the Corporation’s liability of estimated losses related to loans serviced with credit recourse
provisions during the quarters and nine months
 
ended September 30, 2024 and 2023.
 
 
 
 
 
 
 
 
 
 
 
Quarters ended September 30,
Nine months ended September 30,
(In thousands)
2024
2023
2024
2023
Balance as of beginning of period
$
4,058
$
6,223
$
4,211
$
6,897
Provision (benefit) for recourse liability
(808)
228
(768)
52
Net charge-offs
(54)
(54)
(247)
(552)
Balance as of end of period
$
3,196
$
6,397
$
3,196
$
6,397