v3.26.1
Mortgage Banking (Tables)
3 Months Ended
Mar. 31, 2026
Mortgage Banking [Abstract]  
Schedule of Activity in the Mortgage Servicing Rights

The activity in the MSR is detailed in the table below for the periods presented ($ in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Balance at beginning of period

 

$

131,289

 

 

$

139,317

 

Origination of servicing assets

 

 

4,650

 

 

 

3,068

 

Change in fair value:

 

 

 

 

 

 

Due to market changes

 

 

3,962

 

 

 

(5,928

)

Due to run-off

 

 

(3,105

)

 

 

(2,062

)

Balance at end of period

 

$

136,796

 

 

$

134,395

 

Schedule of Mortgage Loans Sold and Serviced for Others

The table below details the mortgage loans sold and serviced for others at March 31, 2026 and December 31, 2025 ($ in thousands):

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Federal National Mortgage Association

 

$

4,727,728

 

 

$

4,745,556

 

Government National Mortgage Association

 

 

3,906,503

 

 

 

3,872,151

 

Federal Home Loan Mortgage Corporation

 

 

339,149

 

 

 

314,383

 

Other

 

 

30,359

 

 

 

23,872

 

Total mortgage loans sold and serviced for others

 

$

9,003,739

 

 

$

8,955,962