Mortgage Servicing Rights (Tables)

9 Months Ended

Sep. 30, 2012

Mortgage Servicing Rights [Abstract]

Schedule of Servicing Assets at Fair Value [Table Text Block]


	Nine Months Ended
	September 30
(Dollars in thousands)	2012	2011
Cost of mortgage servicing rights:
Beginning balance	$ 730	$ 933
Originations	-	-
Amortization	(203)	(145)
Ending balance	$ 527	$ 788

Valuation allowance:
Beginning balance	$ (362)	$ (330)
Valuation charges	(17)	(81)
Valuation reversals	104	12
Ending balance	$ (275)	$ (399)

Mortgage servicing rights cost	$ 527	$ 788
Valuation allowance	(275)	(399)
Carrying value	$ 252	$ 389

Fair value	$ 252	$ 389

- 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