Quarterly report pursuant to Section 13 or 15(d)

Servicing Assets (Tables)

v3.21.1
Servicing Assets (Tables)
3 Months Ended
Mar. 31, 2021
Transfers And Servicing [Abstract]  
Summary of Changes in Servicing Assets

The changes in servicing assets for the three months ended March 31, 2021 and 2020 were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Servicing assets:

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

6,212

 

 

$

6,956

 

Addition related to sale of SBA loans

 

 

450

 

 

 

354

 

Amortization

 

 

(512

)

 

 

(583

)

Balance at end of period

 

$

6,150

 

 

$

6,727