Mortgage Servicing Rights (Tables)

9 Months Ended

Sep. 30, 2023

Transfers and Servicing [Abstract]

Schedule of Changes in the Company's MSRs

Changes in the Company’s MSRs were as follows:

Balance at January 1, 2023	$	84,448
Capitalization	13,001
Amortization	(7,208)
Balance at September 30, 2023	$	90,241

Schedule of 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:

	September 30, 2023			December 31, 2022
Unpaid principal balance	$	7,707,919		$	7,494,413
Weighted-average prepayment speed (CPR)	7.50		%	7.00		%
Estimated impact of a 10% increase	$	(2,242)		$	(1,765)
Estimated impact of a 20% increase	(4,758)			(3,957)
Discount rate	10.84		%	10.30		%
Estimated impact of a 10% increase	$	(5,430)		$	(5,393)
Estimated impact of a 20% increase	(10,436)			(10,354)
Weighted-average coupon interest rate	3.77		%	3.51		%
Weighted-average servicing fee (basis points)	33.04			32.44
Weighted-average remaining maturity (in years)	8.05			8.33