Servicing Assets and Liabilities (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | |||
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Sep. 30, 2019 |
Sep. 30, 2018 |
Sep. 30, 2019 |
Sep. 30, 2018 |
Dec. 31, 2018 |
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Servicing assets: | |||||
Balance at beginning of period | $ 7,567 | $ 9,255 | $ 8,520 | $ 10,218 | |
Addition related to sale of SBA loans | 517 | 378 | 1,177 | 1,219 | |
Amortization | (648) | (755) | (2,261) | (2,559) | |
Balance at end of period | 7,436 | 8,878 | 7,436 | 8,878 | |
Servicing liabilities: | |||||
Balance at beginning of period | 1,238 | 1,837 | 1,517 | 2,217 | |
Amortization | (93) | (172) | (372) | (552) | |
Balance at end of period | 1,145 | 1,665 | 1,145 | 1,665 | |
Serviced loans sold to unaffiliated parties | 433,600 | 433,600 | $ 448,600 | ||
Servicing fee income | 1,100 | 1,200 | 3,300 | 3,500 | |
Net amortization expense | $ 557 | $ 583 | $ 1,900 | $ 2,000 |
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- Definition Serivicing Assets And Servicing Liabilities, Net Amortization Expense No definition available.
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- Definition Serviced loans sold to unaffiliated parties. No definition available.
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- Definition All amounts that, per contract, are due to the servicer in exchange for servicing the financial asset and would no longer be received by a servicer if the beneficial owners of the serviced assets (or their trustees or agents) were to exercise their actual or potential authority under the contract to shift the servicing to another servicer. Depending on the servicing contract, those fees may include some or all of the difference between the interest rate collected on the asset being serviced and the rate to be paid to the beneficial owners of the asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of amortization of contract to service financial assets under which the benefits of servicing are expected to more than adequately compensate the servicer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Decrease in servicing assets subsequently measured at fair value resulting from conveyance of servicing rights to unrelated parties. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of amortization of contract to service financial assets under which estimated future revenue from contractually specified servicing fees, late charges, and other ancillary revenues are not expected to adequately compensate the servicer for performing the servicing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of a liability representing servicing arrangements under which the estimated future revenue from contractually specified servicing fees, late charges, and other ancillary revenues are not expected to adequately compensate the servicer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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