MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2014

Mortgage Loans on Real Estate [Abstract]

Balance of loans serviced for others and fair value of mortgage servicing rights

September 30, (in thousands)		2014		2013
Residential mortgage loans serviced for others	$	140,893	$	146,726
Fair value of mortgage servicing rights		1,624		1,550

Changes in mortgage servicing rights

	Three months						Nine months
Periods ended September 30, (in thousands)		2014			2013			2014			2013
Mortgage Servicing Rights
Balance, beginning of period	$	838		$	1,109		$	980		$	1,076
Originated		(17	)		31			5			261
Amortization (1)		(56	)		(101	)		(220	)		(298	)
Balance, end of period		765			1,039			765			1,039
Valuation Allowance
Balance, beginning of period		(1	)		(4	)		(15	)		(38	)
Decrease in impairment reserve (1)		1			(38	)		14			(4	)
Balance, end of period		—			(42	)		(1	)		(42	)
Loan servicing rights, net	$	765		$	997		$	765		$	997

(1) Amortization expense and changes in the impairment reserve are recorded in loan servicing fee income.