Mortgage Servicing Rights (Tables) (Mortgage servicing rights [Member])

6 Months Ended

Jun. 30, 2013

Mortgage servicing rights [Member]

Changes in the mortgage servicing rights balance are summarized as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in thousands)	2013			2012			2013			2012

Beginning of period	$	4,723		$	3,067		$	4,152		$	2,739
Servicing rights capitalized		871			609			1,639			1,036
Amortization of servicing rights		(381	)		(373	)		(812	)		(684	)
Changes in valuation allowance		14			(27	)		248			185

End of period	$	5,227		$	3,276		$	5,227		$	3,276

Mortgage loans serviced for others	$	705,999		$	491,536		$	705,999		$	491,536

Activity in the valuation allowance for mortgage servicing rights was as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in thousands)	2013			2012			2013			2012

Valuation allowance, beginning of period	$	(263	)	$	(581	)	$	(497	)	$	(793	)
Additions		—			(27	)		—			—
Reductions		14			—			248			185
Direct write-downs		—			—			—			—

Valuation allowance, end of period	$	(249	)	$	(608	)	$	(249	)	$	(608	)

The estimated amortization expense of mortgage servicing rights for the remainder of 2013 and the succeeding fiscal years is as follows: