Mortgage Servicing Rights (Tables)

6 Months Ended

Jun. 30, 2022

Transfers and Servicing [Abstract]

Changes in the company's MSRs

Changes in the Company’s MSRs were as follows: 

Balance at January 1, 2022	$	89,018
Capitalization	12,854
Amortization	(7,129)
Balance at June 30, 2022	$	94,743

Data and key economic assumptions related to the Company's MSRs

Data and key economic assumptions related to the Company’s MSRs are as follows as of the dates presented:

	June 30, 2022			December 31, 2021
Unpaid principal balance	$	9,052,745		$	8,728,629
Weighted-average prepayment speed (CPR)	6.92		%	10.56		%
Estimated impact of a 10% increase	$	(6,149)		$	(3,875)
Estimated impact of a 20% increase	(11,801)			(7,464)
Discount rate	9.68		%	9.82		%
Estimated impact of a 10% increase	$	(2,563)		$	(4,153)
Estimated impact of a 20% increase	(5,477)			(8,119)
Weighted-average coupon interest rate	3.31		%	3.29		%
Weighted-average servicing fee (basis points)	30.56			30.37
Weighted-average remaining maturity (in years)	8.31			6.69