Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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. Gains(losses) include both realized and unrealized gains (losses) of each derivative financial instrument.

		June 30, 2022				Six Months Ended June 30, 2022
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2022	$	246	$	8	$	(17)
Derivative financial instruments
IRLCs	2022	2,103		62		(72)
LPCs	2022	325		3		—
Treasury futures	2022	30		—		3
Forward MBS trades	2022	1,798		12		429
Total derivative financial instruments - assets		$	4,256	$	77	$	360
Liabilities
Derivative financial instruments
IRLCs	2022	$	56	$	1	$	(1)
LPCs	2022	186		1		1
Treasury futures	2022	902		18		(185)
Forward MBS trades	2022	1,716		13		(31)
Total derivative financial instruments - liabilities		$	2,860	$	33	$	(216)

		June 30, 2021				Six Months Ended June 30, 2021
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2021	$	1,514	$	39	$	(63)
Derivative financial instruments
IRLCs	2021	6,730		204		(210)
LPCs	2021	1,984		10		(29)
Forward MBS trades	2021	9,749		27		271
Swap futures	2021	60		—		1
Total derivative financial instruments - assets		$	18,523	$	241	$	33
Liabilities
Derivative financial instruments
IRLCs	2021	$	9	$	—	$	—
LPCs	2021	708		1		(1)
Forward MBS trades	2021	11,747		25		(126)
Swap futures	2021	—		—		(4)
Total derivative financial instruments - liabilities		$	12,464	$	26	$	(131)