Quarterly report pursuant to Section 13 or 15(d)

Servicing Assets and Liabilities (Tables)

v3.19.1
Servicing Assets and Liabilities (Tables)
 3 Months Ended
Mar. 31, 2019
Transfers and Servicing [Abstract]  
Changes in Servicing Assets
The changes in servicing assets and liabilities for the three months ended March 31, 2019 and 2018 were as follows:

 
2019
 
2018
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
8,520

 
$
10,218

Addition related to sale of SBA loans
315

 
435

Amortization
(857
)
 
(786
)
Balance at end of period
$
7,978

 
$
9,867

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
1,517

 
$
2,217

Amortization
(97
)
 
(195
)
Balance at end of period
$
1,420

 
$
2,022



Change in Servicing Liabilities
The changes in servicing assets and liabilities for the three months ended March 31, 2019 and 2018 were as follows:

 
2019
 
2018
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
8,520

 
$
10,218

Addition related to sale of SBA loans
315

 
435

Amortization
(857
)
 
(786
)
Balance at end of period
$
7,978

 
$
9,867

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
1,517

 
$
2,217

Amortization
(97
)
 
(195
)
Balance at end of period
$
1,420

 
$
2,022