v3.26.3
Mortgage Banking Commitments (Tables)
9 Months Ended
Sep. 30, 2026
Mortgage Banking Commitments  
Schedule of Aggregate Fair Value, Contractual Balance and Gain or Loss for Mortgage Banking Commitments

As of September 30, 2026 and December 31, 2025, the aggregate fair value, contractual balance, and gain or loss were as follows:

   

  

September 30, 2026

   December 31, 2025 
Aggregate fair value  $5,798   $12,688 
Contractual balance   5,707    12,275 
           
Gain  $91   $413 
Schedule of Components of Income From Mortgage Banking Activities

The following table provides the components of income from mortgage banking activities for the three months and nine months ended September 30, 2026:

   

  

Three Months Ended September 30, 2026

  

Nine Months Ended September 30, 2026

 
         
Gain on loans sold  $2,670   $7,795 
Gain (loss) resulting from the change in fair value of loans held-for-sale   (335)   (322)
Gain (loss) resulting from the change in fair value of derivatives   (478)   (338)
Gain resulting from the change in forward contracts   128    85 
           
Total  $1,985   $7,220 

 

The following table provides the components of income from mortgage banking activities for the three months and nine months ended September 30, 2025:

 

  

Three Months Ended September 30, 2025

  

Nine Months Ended September 30, 2025

 
         
Gain on loans sold  $3,350   $7,832 
Gain (loss) resulting from the change in fair value of loans held-for-sale   (260)   265 
Gain (loss) resulting from the change in fair value of derivatives   (358)   402 
Gain (loss) resulting from the change in forward contracts   256    (23)
           
Total  $2,988   $8,476 
Schedule of Notional Amount and Fair Value of IRLCs and Forward Contracts

The following table presents the notional amount and fair value of IRLCs and forward contracts utilized by the Company at September 30, 2026 and December 31, 2025:

    

Asset Derivatives

 

   September 30, 2026   December 31, 2025 
  

Notional

Amount

  

Fair

Value

  

Notional

Amount

  

Fair

Value

 
Derivatives not designated as hedging instruments:                    
IRLCs  $3,499   $14   $20,814   $352 

 

Liability Derivatives

 

   September 30, 2026   December 31, 2025 
  

Notional

Amount

  

Fair

Value

  

Notional

Amount

  

Fair

Value

 
Derivatives not designated as hedging instruments:                    
Forward contracts  $6,000   $85   $60,500   $(60)