XML 57 R47.htm IDEA: XBRL DOCUMENT v3.22.2.2
Note 15 - Mortgage Banking Activities (Tables)
9 Months Ended
Sep. 30, 2022
Notes Tables  
Disclosure of Long-Lived Assets Held-for-sale [Table Text Block]
  

Three months ended

September 30,

  

Nine months ended

September 30,

 

(in thousands)

 

2022

  

2021

  

2022

  

2021

 

Balance, beginning of period:

 $10,045  $5,420  $8,614  $22,547 

Origination of mortgage loans held for sale

  31,446   50,111   111,026   169,542 

Loans held for sale acquired

  -   -   3,559   3,071 

Proceeds from the sale of mortgage loans held for sale

  (36,427)  (45,920)  (118,639)  (187,667)

Net gain on sale of mortgage loans held for sale

  166   590   670   2,708 

Balance, end of period

 $5,230  $10,201  $5,230  $10,201 
Interest and Other Income [Table Text Block]
  

Three months ended

  

Nine months ended

 
  

September 30,

  

September 30,

 

(in thousands)

 

2022

  

2021

  

2022

  

2021

 
                 

Net gain realized on sale of mortgage loans held for sale

 $166  $590  $670  $2,708 

Net change in fair value recognized on loans held for sale

  (113)  -   (70)  - 

Net change in fair value recognized on rate lock loan commitments

  134   -   1,324   - 

Net change in fair value recognized on forward contracts

  101   -   (534)  - 

Net gain recognized

  288   590   1,390   2,708 
                 

Net loan servicing income

  1,172   434   3,089   1,021 

Amortization of mortgage servicing rights

  (869)  (252)  (2,206)  (677)

Change in mortgage servicing rights valuation allowance

  -   -   -   - 

Net servicing income recognized

  303   182   883   344 
                 

Other mortgage banking income

  112   143   728   610 

Total mortgage banking income

 $703  $915  $3,001  $3,662 
Changes in Carrying Amount of MSRs [Table Text Block]
  

Three months ended

  

Nine months ended

 
  

September 30,

  

September 30,

 

(in thousands)

 

2022

  

2021

  

2022

  

2021

 

Balance at beginning of period

 $16,504  $4,657  $4,528  $2,710 

MSRs acquired

        12,676   1,662 

Additions for mortgage loans sold

  269   195   906   905 

Amortization

  (869)  (252)  (2,206)  (677)

Impairment

            

Balance at end of period

 $15,904  $4,600  $15,904  $4,600 
Mortgage Loans Held for Sale and Mortgage Banking Derivatives [Table Text Block]
  

September 30, 2022

 

(in thousands)

 

Notional

Amount

  

Fair Value

 

Included in Mortgage loans held for sale:

        

Mortgage loans held for sale, at fair value

 $5,217  $5,230 
         

Included in other assets:

        

Rate lock loan commitments

 $14,768  $118 

Mandatory forward contracts

  13,250   431