Mortgage Servicing Rights - Changes in the Company's MSRs (Details) $ in Thousands |
6 Months Ended |
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Jun. 30, 2025
USD ($)
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Changes in mortgage servicing rights | |
Balance at January 1, 2025 | $ 72,991 |
Sale of MSRs | (7,886) |
Capitalization | 4,021 |
Amortization | (4,587) |
Balance at June 30, 2025 | $ 64,539 |
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- Definition Capitalization of mortgage servicing rights. No definition available.
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- Definition Changes in mortgage servicing rights. No definition available.
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- Definition The periodic amortization (in proportion to and over the period of estimated net servicing income or loss) of capitalized servicing rights, which contractually entitle the servicer to receive fees and ancillary revenues for performing billing, collection, disbursement and recordkeeping services in connection with a mortgage portfolio. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amortized amount of contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Decrease in servicing assets subsequently measured at fair value resulting from conveyance of servicing rights to unrelated parties. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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