Quarterly report pursuant to Section 13 or 15(d)

Servicing Assets and Liabilities (Tables)

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

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

 
2019
 
2018
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
7,567

 
$
9,255

Addition related to sale of SBA loans
517

 
378

Amortization
(648
)
 
(755
)
Balance at end of period
$
7,436

 
$
8,878

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
1,238

 
$
1,837

Amortization
(93
)
 
(172
)
Balance at end of period
$
1,145

 
$
1,665



The changes in servicing assets and liabilities for the nine months ended September 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
1,177

 
1,219

Amortization
(2,261
)
 
(2,559
)
Balance at end of period
$
7,436

 
$
8,878

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

 
$
2,217

Amortization
(372
)
 
(552
)
Balance at end of period
$
1,145

 
$
1,665


Change in Servicing Liabilities

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

 
2019
 
2018
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
7,567

 
$
9,255

Addition related to sale of SBA loans
517

 
378

Amortization
(648
)
 
(755
)
Balance at end of period
$
7,436

 
$
8,878

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
1,238

 
$
1,837

Amortization
(93
)
 
(172
)
Balance at end of period
$
1,145

 
$
1,665



The changes in servicing assets and liabilities for the nine months ended September 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
1,177

 
1,219

Amortization
(2,261
)
 
(2,559
)
Balance at end of period
$
7,436

 
$
8,878

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

 
$
2,217

Amortization
(372
)
 
(552
)
Balance at end of period
$
1,145

 
$
1,665