SBA Servicing Asset, Net - Narrative (Details) - USD ($) $ in Millions |
6 Months Ended | 12 Months Ended |
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Jun. 30, 2025 |
Dec. 31, 2024 |
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Transfers and Servicing [Abstract] | ||
SBA loans serviced for others | $ 233.6 | $ 218.4 |
SBA servicing asset, net | $ 3.2 | $ 3.3 |
Weighted average prepayment rate | 20.40% | 21.10% |
Weighted average term (in years) | 3 years 3 months 21 days | 3 years 3 months 18 days |
Weighted average discount rate | 15.20% | 12.10% |
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- Definition This is the sum of principal amount outstanding for both securitized and unsecuritized loans of all types. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Discount rate used to estimate the fair value of servicing assets and servicing liabilities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Estimated rate of prepayments of principal on servicing assets and servicing liabilities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Weighted average life of financial assets and financial liabilities, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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