Reserve for Repurchased Loans and Loss Sharing Obligations (Tables)

6 Months Ended

Jun. 30, 2013

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Analysis of Reserve for Repurchased Loans and Loss Sharing Obligations

An analysis of the reserve for repurchased loans and loss sharing obligations for the three and six months ended June 30, 2013 and 2012 is as follows (in thousands). The reserve is included in other liabilities in the accompanying statements of financial condition.

	Three months ended June 30,				Six months ended June 30,
	2013		2012		2013			2012
Balance at beginning of period	$	1,688	$	855	$	1,203		$	705
Provision charged to operations		—		100		975			250
Loss on loans repurchased, settlements or payments under loss sharing arrangements		—		—		(695	)		—
Recoveries		—		—		205			—
Balance at end of period	$	1,688	$	955	$	1,688		$	955