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Mortgage Servicing Rights (Tables)
6 Months Ended
Jun. 30, 2013
Mortgage Servicing Rights [Abstract]  
Schedule Of Servicing Assets At Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30

(Dollars in thousands)

2013

 

2012

Cost of mortgage servicing rights:

 

 

 

 

 

Beginning balance

$

458 

 

$

730 

Originations

 

 -

 

 

 -

Amortization

 

(72)

 

 

(100)

Permanent writedowns

 

(55)

 

 

 -

Ending balance

$

331 

 

$

630 

 

 

 

 

 

 

Valuation allowance:

 

 

 

 

 

Beginning balance

$

(223)

 

$

(362)

Valuation charges

 

 -

 

 

(17)

Valuation reversals

 

94 

 

 

61 

Ending balance

$

(129)

 

$

(318)

 

 

 

 

 

 

Mortgage servicing rights cost

$

331 

 

$

630 

Valuation allowance

 

(129)

 

 

(318)

Carrying value

$

202 

 

$

312 

 

 

 

 

 

 

Fair value

$

202 

 

$

312