Annual report pursuant to Section 13 and 15(d)

Servicing Assets and Liabilities (Tables)

v3.10.0.1
Servicing Assets and Liabilities (Tables)
 12 Months Ended
Dec. 31, 2018
Transfers and Servicing [Abstract]  
Schedule of changes in Servicing Assets
The changes in servicing assets and liabilities for the years ended December 31, 2018 and 2017 were as follows:
 
As of December 31,
 
2018
 
2017
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
10,218

 
$
10,564

Addition related to sale of SBA loans
1,589

 
2,590

Amortization
(3,287
)
 
(3,266
)
Reversal of allowance
—

 
330

Balance at end of period
$
8,520

 
$
10,218

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
2,217

 
$
3,143

Amortization
(700
)
 
(859
)
Reversal of allowance
—

 
(67
)
Balance at end of period
$
1,517

 
$
2,217

Schedule of changes in Servicing Liabilities
The changes in servicing assets and liabilities for the years ended December 31, 2018 and 2017 were as follows:
 
As of December 31,
 
2018
 
2017
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
10,218

 
$
10,564

Addition related to sale of SBA loans
1,589

 
2,590

Amortization
(3,287
)
 
(3,266
)
Reversal of allowance
—

 
330

Balance at end of period
$
8,520

 
$
10,218

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
2,217

 
$
3,143

Amortization
(700
)
 
(859
)
Reversal of allowance
—

 
(67
)
Balance at end of period
$
1,517

 
$
2,217