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Mortgage Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2021
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 31,202120202019
Balance at beginning of year$34.3 $30.6 $27.7 
Originations of mortgage servicing rights3.7 11.7 7.3 
Amortization expense(6.4)(8.0)(4.4)
Balance at end of year31.6 34.3 30.6 
Less valuation reserve(3.4)(10.3)(0.4)
Balance at end of year, net of valuation reserve$28.2 $24.0 $30.2 
Principal balance of serviced loans underlying mortgage servicing rights
$3,203.7 $3,585.5 $3,710.1 
Mortgage servicing rights as a percentage of serviced loans0.88 %0.67 %0.81 %