v3.26.3
Mortgage Servicing Rights (Tables)
 9 Months Ended
Sep. 30, 2026
Mortgage Banking [Abstract]  
Schedule of Activity Related to MSRs
Activity related to MSRs for the nine months ended September 30, 2026 and the year ended December 31, 2025 was as follows (in thousands):

Nine Months Ended September 30, 2026
Beginning balance, as of January 1, 2026$212,216 
Additions18,924 
Amortization(29,434)
Impairment reversal2,601 
Prepayments and write-offs(3,129)
Ending balance, as of September 30, 2026$201,178 

Year Ended December 31, 2025
Beginning balance, as of January 1, 2025$— 
Acquired MSRs at July 1, 2025211,545 
Additions26,295 
Amortization(19,434)
Impairment(2,590)
Prepayments and write-offs(3,600)
Ending balance, as of December 31, 2025$212,216 
Schedule of Expected Amortization of MSRs
The expected amortization of capitalized MSRs recorded at September 30, 2026 is as follows (in thousands):

YearAmortization
2026 (October-December)$8,612 
202732,973 
202827,327 
202922,648 
203018,770 
Thereafter90,848 
Total$201,178 
The following table summarizes the Company's expected other identified intangible assets, net amortization over the next five years (dollars in thousands):
Weighted Avg. Life (in Years)2026 (October - December)2027202820292030
Software development4.0239 956 956 956 506 
Intangible lease assets11.71,456 3,370 2,880 2,880 2,880 
Total$1,695 $4,326 $3,836 $3,836 $3,386