Servicing Assets (Tables)

6 Months Ended

Jun. 30, 2024

Transfers and Servicing [Abstract]

Activity for Servicing Assets and Related Changes in Fair Value

Activity for servicing assets and the related changes in fair value for the three and six months ended June 30, 2024 and 2023 was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Beginning balance	$	20,992		$	20,944		$	19,844		$	19,172
Additions, net		1,093			1,636			2,944			2,752
Changes in fair value		(2,468	)		(865	)		(3,171	)		(209	)
Ending balance	$	19,617		$	21,715		$	19,617		$	21,715

Unpaid Principal Balances of Loans Serviced for Others

Loans serviced for others are not included in the Condensed Consolidated Statements of Financial Condition. The unpaid principal balances of these loans serviced for others as of June 30, 2024 and December 31, 2023 were as follows:

	June 30,		December 31,
	2024		2023
Loan portfolios serviced for:
SBA guaranteed loans	$	1,497,752	$	1,530,401
USDA guaranteed loans		190,363		197,942
Total	$	1,688,115	$	1,728,343