Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments

The following tables provide the outstanding notional balances, fair values of outstanding positions and recorded gains/(losses) for the derivative financial instruments:

		March 31, 2021				Three Months Ended March 31, 2021
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2021	$	2,341	$	42	$	(60)
Derivative financial instruments
IRLCs	2021	8,950		232		(182)
LPCs	2021	1,165		8		(30)
Forward MBS trades	2021	22,566		286		249
Total derivative financial instruments - assets		$	32,681	$	526	$	37
Liabilities
Derivative financial instruments
IRLCs	2021	$	240	$	1	$	1
LPCs	2021	3,974		38		37
Forward MBS trades	2021	6,341		76		(80)
Swap futures	2021	60		1		1
Total derivative financial instruments - liabilities		$	10,615	$	116	$	(41)

		March 31, 2020				Three Months Ended March 31, 2020
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2020	$	2,598	$	111	$	79
Derivative financial instruments
IRLCs	2020	6,923		263		128
LPCs	2020	834		25		13
Forward MBS trades	2020	886		6		—
Eurodollar futures	2020-2021	6		—		—
Total derivative financial instruments - assets		$	8,649	$	294	$	141
Liabilities
Derivative financial instruments
IRLCs	2020	$	22	$	—	$	—
LPCs	2020	10		—		(3)
Forward MBS trades	2020	10,229		223		211
Eurodollar futures	2020-2021	6		—		—
Total derivative financial instruments - liabilities		$	10,267	$	223	$	208