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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 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:
September 30, 2021Nine Months Ended September 30, 2021
Derivative Financial InstrumentsExpiration
Dates
Outstanding
Notional
Fair
Value
Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments2021$1,435 $29 $(73)
Derivative financial instruments
IRLCs20216,167 167 (247)
LPCs2021887 6 (32)
Forward MBS trades202112,770 61 24 
Total derivative financial instruments - assets$19,824 $234 $(255)
Liabilities
Derivative financial instruments
IRLCs2021$25 $ $ 
LPCs20212,208 13 12 
Forward MBS trades20216,553 23 (133)
Swap futures2021700 12 12 
Total derivative financial instruments - liabilities$9,486 $48 $(109)
September 30, 2020Nine Months Ended September 30, 2020
Derivative Financial InstrumentsExpiration
Dates
Outstanding
Notional
Fair
Value
Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments2020$1,908 $75 $43 
Derivative financial instruments
IRLCs2020-202110,967 414 279 
LPCs20205,217 38 26 
Forward MBS trades2020-202111,452 23 17 
Total derivative financial instruments - assets$27,636 $475 $322 
Liabilities
Derivative financial instruments
IRLCs2020$$— $— 
LPCs2020598 (1)
Forward MBS trades2020-202115,974 42 30 
Total derivative financial instruments - liabilities$16,574 $44 $29