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

9 Months Ended

Sep. 30, 2013

Mortgage servicing rights [Member]

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


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2013			2012			2013			2012
Beginning of period	$	5,227		$	3,276		$	4,152		$	2,739
Servicing rights capitalized		544			741			2,183			1,777
Amortization of servicing rights		(287	)		(463	)		(1,099	)		(1,147	)
Changes in valuation allowance		—			(372	)		248			(187	)

End of period	$	5,484		$	3,182		$	5,484		$	3,182

Mortgage loans serviced for others	$	736,017		$	540,735		$	736,017		$	540,735

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


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2013			2012			2013			2012
Valuation allowance, beginning of period	$	(249	)	$	(608	)	$	(497	)	$	(793	)
Additions		—			(372	)		—			(187	)
Reductions		—			—			248			—
Direct write-downs		—			—			—			—

Valuation allowance, end of period	$	(249	)	$	(980	)	$	(249	)	$	(980	)

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