Mortgage Servicing Rights (Tables)

12 Months Ended

Dec. 31, 2012

Mortgage Servicing Rights [Abstract]

Schedule Of Changes In Mortgage Servicing Rights


(in thousands)
	2012		2011		2010
Balance, beginning of year	$	18,184	$	14,454	$	12,625
Additions for new mortgage servicing rights capitalized		17,710		6,720		5,645
Acquired mortgage servicing rights		-		-		62
Changes in fair value:
Due to changes in model inputs or assumptions⁽¹⁾		(4,651)		(858)		(1,598)
Other⁽²⁾		(3,815)		(2,132)		(2,280)
Balance, end of year	$	27,428	$	18,184	$	14,454

(1)	Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates.

(2)	Represents changes due to collection/realization of expected cash flows over time.

Schedule Of Other Information Servicing Loan Portfolio


(dollars in thousands)
	December 31, 2012		December 31, 2011		December 31, 2010
Balance of loans serviced for others	$	3,162,080	$	2,009,849	$	1,603,414
MSR as a percentage of serviced loans		0.87%		0.90%		0.90%

- Definition

Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes.

+ References+ Details