Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 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.

		September 30, 2022				Nine Months Ended September 30, 2022
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2022	$	439	$	(3)	$	(28)
Derivative financial instruments
IRLCs	2022	$	1,118	$	21	$	(113)
LPCs	2022	53		1		(2)
Forward MBS trades	2022	2,296		74		542
Treasury futures	2022	—		—		4
Total derivative financial instruments - assets		$	3,467	$	96	$	431
Liabilities
Derivative financial instruments
IRLCs	2022	$	551	$	8	$	(8)
LPCs	2022	223		5		(2)
Forward MBS trades	2022	458		19		(72)
Treasury futures	2022	806		62		(262)
Total derivative financial instruments - liabilities		$	2,038	$	94	$	(344)

		September 30, 2021				Nine Months Ended September 30, 2021
Derivative Financial Instruments	Expiration Dates	Outstanding Notional		Fair Value		Gains/(Losses)
Assets
Mortgage loans held for sale
Loan sale commitments	2021	$	1,435	$	29	$	(73)
Derivative financial instruments
IRLCs	2021	$	6,167	$	167	$	(247)
LPCs	2021	887		6		(33)
Forward MBS trades	2021	12,770		61		240
Swap futures	2021	—		—		1
Total derivative financial instruments - assets		$	19,824	$	234	$	(39)
Liabilities
Derivative financial instruments
IRLCs	2021	$	25	$	—	$	—
LPCs	2021	2,208		13		(12)
Forward MBS trades	2021	6,553		23		(122)
Swap futures	2021	700		12		(18)
Total derivative financial instruments - liabilities		$	9,486	$	48	$	(152)