Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022				Three Months Ended March 31, 2022
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2022	$	543	$	1	$	(24)
Derivative financial instruments
IRLCs	2022	3,122		72		(62)
LPCs	2022	203		2		(1)
Forward MBS trades	2022	4,653		79		72
Total derivative financial instruments - assets		$	7,978	$	153	$	9
Liabilities
Derivative financial instruments
IRLCs	2022	$	551	$	5	$	5
LPCs	2022	658		8		6
Forward MBS trades	2022	695		6		(2)
Swap futures	2022	1,097		49		43
Total derivative financial instruments - liabilities		$	3,001	$	68	$	52

		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)