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Loan Servicing Rights (Tables)
3 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Components of Loan Servicing Rights and Valuation Allowance

The following table summarizes the activity related to loan servicing rights and the related valuation allowance for the three months ended March 31, 2015 and 2014:

 

(dollars in thousands)

   2015      2014  

Balance at January 1,

   $ 9,584       $ —     

Additions

     956         —     

Amortization

     (518      —     
  

 

 

    

 

 

 

Balance before valuation allowance at March 31,

  10,022      —     
  

 

 

    

 

 

 

Valuation allowance:

Balance at January 1,

  (50   —     

Additions

  (437   —     
  

 

 

    

 

 

 

Balance at March 31,

  (487   —     
  

 

 

    

 

 

 

Loan servicing rights, net

$ 9,535    $ —