Mortgage Servicing Rights (Tables)

12 Months Ended

Dec. 31, 2011

Mortgage Servicing Rights [Abstract]



(Dollars in thousands)	First Liens				Second Liens				HELOC				Total

Fair value on January 1, 2010			296,115				1,174				5,322				302,611
Adjustment due to adoption of amendments to ASC 810			(197	)			(928	)			(1,168	)			(2,293	)
Reductions due to loan payments			(34,943	)			(41	)			(1,201	)			(36,185	)
Reductions due to sale			(24,558	)			-				-				(24,558	)
Reductions due to exercise of cleanup calls			(1,110	)			-				-				(1,110	)
Changes in fair value due to:
Changes in valuation model inputs or assumptions			(31,296	)			-				-				(31,296	)
Other changes in fair value			(199	)			57				292				150

Fair value on December 31, 2010		$	203,812			$	262			$	3,245			$	207,319

Reductions due to loan payments			(21,539	)			(41	)			(215	)			(21,795	)
Reductions due to exercise of cleanup calls			(195	)			-				-				(195	)
Changes in fair value due to:
Changes in valuation model inputs or assumptions			(41,370	)			-				-				(41,370	)
Other changes in fair value			16				10				84				110

Fair value on December 31, 2011		$	140,724			$	231			$	3,114			$	144,069

- 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