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Mortgage Loans Held for Sale (Tables)
3 Months Ended
Mar. 31, 2024
Receivable, Held-for-Sale [Abstract]  
Schedule of mortgage loans held for sale fair value and contractual principal balance

The following table provides the fair value and contractual principal balance outstanding of loans held for sale accounted for under the fair value options:

 

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Mortgage loans held for sale, at fair value

 

$

7,860

 

 

$

9,980

 

Mortgage loans held for sale, contractual principal outstanding

 

 

7,776

 

 

 

9,864

 

Fair value less unpaid principal balance

 

$

84

 

 

$

116