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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 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:
June 30, 2021Six Months Ended June 30, 2021
Derivative Financial InstrumentsExpiration
Dates
Outstanding
Notional
Fair
Value
Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments2021$1,514 $39 $(63)
Derivative financial instruments
IRLCs20216,730 204 (210)
LPCs20211,984 10 (28)
Forward MBS trades20219,749 27 (10)
Swap futures202160   
Total derivative financial instruments - assets$18,523 $241 $(248)
Liabilities
Derivative financial instruments
IRLCs2021$9 $ $ 
LPCs2021708 1  
Forward MBS trades202111,747 25 (131)
Total derivative financial instruments - liabilities$12,464 $26 $(131)
June 30, 2020Six Months Ended June 30, 2020
Derivative Financial InstrumentsExpiration
Dates
Outstanding
Notional
Fair
Value
Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments2020$1,673 $81 $48 
Derivative financial instruments
IRLCs20209,227 370 235 
LPCs20201,823 18 
Forward MBS trades20201,239 (3)
Eurodollar futures2020-2021— — 
Total derivative financial instruments - assets$12,295 $391 $238 
Liabilities
Derivative financial instruments
LPCs2020$55 $— $(2)
Forward MBS trades202010,119 50 37 
Eurodollar futures2020-2021— — 
Total derivative financial instruments - liabilities$10,179 $50 $35