Mortgage Servicing Rights (Tables)

3 Months Ended

Mar. 31, 2015

The following tables summarize the activity in, and the main assumptions we used to determine the fair value of mortgage servicing rights (“MSRs”) for the periods indicated (dollars in thousands):


	Three months ended March 31,
	2015			2014
Balance at beginning of period	$	7,378		$	6,165
Additions		185			123
Change in fair value		(506	)		(181	)

Balance at end of period	$	7,057		$	6,107

Contractually specified servicing fees, late fees and ancillary fees earned	$	534		$	420
Balance of loans serviced at:
Beginning of period	$	840,288		$	680,197
End of period	$	832,143		$	672,341
Weighted-average prepayment speed (CPR)		13.0	%		10.6	%
Weighted-average discount rate		10.0	%		10.0	%