Quarterly report pursuant to Section 13 or 15(d)

Servicing Assets and Liabilities (Tables)

v3.19.3
Servicing Assets and Liabilities (Tables)
 6 Months Ended
Jun. 30, 2019
Transfers and Servicing [Abstract]  
Changes in Servicing Assets

The changes in servicing assets and liabilities for the three months ended June 30, 2019 and 2018 were as follows:

 
2019
 
2018
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
7,978

 
$
9,867

Addition related to sale of SBA loans
344

 
406

Amortization
(755
)
 
(1,018
)
Balance at end of period
$
7,567

 
$
9,255

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
1,420

 
$
2,022

Amortization
(182
)
 
(185
)
Balance at end of period
$
1,238

 
$
1,837



The changes in servicing assets and liabilities for the six months ended June 30, 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
659

 
841

Amortization
(1,612
)
 
(1,804
)
Balance at end of period
$
7,567

 
$
9,255

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

 
$
2,217

Amortization
(279
)
 
(380
)
Balance at end of period
$
1,238

 
$
1,837


Change in Servicing Liabilities

The changes in servicing assets and liabilities for the three months ended June 30, 2019 and 2018 were as follows:

 
2019
 
2018
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
7,978

 
$
9,867

Addition related to sale of SBA loans
344

 
406

Amortization
(755
)
 
(1,018
)
Balance at end of period
$
7,567

 
$
9,255

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
1,420

 
$
2,022

Amortization
(182
)
 
(185
)
Balance at end of period
$
1,238

 
$
1,837



The changes in servicing assets and liabilities for the six months ended June 30, 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
659

 
841

Amortization
(1,612
)
 
(1,804
)
Balance at end of period
$
7,567

 
$
9,255

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

 
$
2,217

Amortization
(279
)
 
(380
)
Balance at end of period
$
1,238

 
$
1,837