XML 67 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Mortgage Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2018
Transfers and Servicing [Abstract]  
Schedule of Servicing Assets at Amortized Value
Information with respect to the Company’s mortgage servicing rights follows:
Year Ended December 31,
2018
 
2017
 
2016
Balance at beginning of year
$
24.8

 
$
18.7

 
$
15.9

Acquisitions of mortgage servicing rights

 
3.5

 

Originations of mortgage servicing rights
6.0

 
5.6

 
5.8

Amortization expense
(3.1
)
 
(3.0
)
 
(3.0
)
Balance at end of year
27.7

 
24.8

 
18.7

Less valuation reserve

 

 
(0.2
)
Balance at end of year, net of valuation reserve
$
27.7

 
$
24.8

 
$
18.5

 
 
 
 
 
 
Principal balance of serviced loans underlying mortgage servicing rights
$
3,698.2

 
$
3,636.7

 
$
3,127.5

Mortgage servicing rights as a percentage of serviced loans
0.75
%
 
0.68
%
 
0.59
%