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Mortgage Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2023
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 31,202320222021
Balance at beginning of year$31.1 $31.6 $34.3 
Acquisition of mortgage servicing rights— 1.3 — 
Originations of mortgage servicing rights1.1 2.5 3.7 
Amortization expense(3.9)(4.3)(6.4)
Balance at end of year28.3 31.1 31.6 
Less valuation reserve— — (3.4)
Balance at end of year, net of valuation reserve$28.3 $31.1 $28.2 
Principal balance of serviced loans underlying mortgage servicing rights
$3,091.1 $3,259.8 $3,203.7 
Mortgage servicing rights as a percentage of serviced loans0.92 %0.95 %0.88 %