9. Other assets:

The major components of other assets at December 31, 2013 and 2012 are summarized as follows:


December 31	2013		2012
Other real estate owned	$	648	$	656
Investment in residential housing program		3,211
Mortgage servicing rights		880		491
Bank owned life insurance		29,198		17,616
Restricted equity securities		4,102		4,212
Other assets		9,949		8,115

Total	$	47,988	$	31,090

The Company originates one-to-four family residential mortgage loans for sale in the secondary market with servicing rights retained. Mortgage loans serviced for other are not included in the accompanying Consolidated Balance Sheets. The unpaid principal balances of mortgage loans serviced for others were $169,450 at December 31, 2013 and $113,340 at December 31, 2012.