XML 145 R47.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Mortgage Servicing Rights (Tables)
 12 Months Ended
Dec. 31, 2019
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,
2019
 
2018
 
2017
Balance at beginning of year
$
27.7

 
$
24.8

 
$
18.7

Acquisitions of mortgage servicing rights
—

 
—

 
3.5

Originations of mortgage servicing rights
7.3

 
6.0

 
5.6

Amortization expense
(4.4
)
 
(3.1
)
 
(3.0
)
Balance at end of year
30.6

 
27.7

 
24.8

Less valuation reserve
(0.4
)
 
—

 
—

Balance at end of year, net of valuation reserve
$
30.2

 
$
27.7

 
$
24.8

 
 
 
 
 
 
Principal balance of serviced loans underlying mortgage servicing rights
$
3,710.1

 
$
3,698.2

 
$
3,636.7

Mortgage servicing rights as a percentage of serviced loans
0.81
%
 
0.75
%
 
0.68
%