Mortgage Servicing Rights (Tables)

12 Months Ended

Dec. 31, 2011

Mortgage Servicing Rights [Abstract]

Schedule Of Changes In Mortgage Servicing Rights


(in thousands)
	2011			2010			2009
Balance, beginning of year	$	14,454		$	12,625		$	8,205
Additions for new mortgage servicing rights capitalized		6,720			5,645			7,570
Acquired mortgage servicing rights		—			62			—
Changes in fair value:
Due to changes in model inputs or assumptions⁽¹⁾		(858	)		(1,598	)		(3,469	)
Other⁽²⁾		(2,132	)		(2,280	)		319

Balance, end of year	$	18,184		$	14,454		$	12,625

Balance of loans serviced for others	$	2,009,849		$	1,603,414		$	1,277,832
MSR as a percentage of serviced loans		0.90	%		0.90	%		0.99	%

(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.

- 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.

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