Quarterly report pursuant to Section 13 or 15(d)

Servicing Assets and Liabilities (Tables)

v3.8.0.1
Servicing Assets and Liabilities (Tables)
 9 Months Ended
Sep. 30, 2017
Transfers and Servicing [Abstract]  
Changes in Servicing Assets
The changes in servicing assets and liabilities for the nine months ended September 30, 2017 and 2016 were as follows:

 
2017
 
2016
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
10,564

 
$
11,744

Addition related to sale of SBA loans
1,949

 
1,452

Amortization
(2,415
)
 
(2,363
)
Reversal of allowance
330

 
—

Balance at end of period
$
10,428

 
$
10,833

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
3,143

 
$
4,784

Amortization
(706
)
 
(1,358
)
Reversal of allowance
(67
)
 
—

Balance at end of period
$
2,370

 
$
3,426