Quarterly report pursuant to Section 13 or 15(d)

SBA Servicing Asset (Tables)

v3.21.1
SBA Servicing Asset (Tables)
3 Months Ended
Mar. 31, 2021
Transfers And Servicing Of Financial Assets [Abstract]  
Summary of Activity Pertaining to SBA Servicing Rights The following summarizes the activity pertaining to SBA servicing rights, which are in the consolidated balance sheets, for the three months ended March 31, 2021 and 2020:

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(Dollars in thousands)

 

Beginning balance

 

$

2,953

 

 

$

3,355

 

Origination of servicing assets

 

 

38

 

 

 

105

 

Change in fair value:

 

 

 

 

 

 

 

 

Due to run-off

 

 

(135

)

 

 

(140

)

Due to market changes

 

 

(35

)

 

 

(265

)

Ending balance

 

$

2,821

 

 

$

3,055