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Mortgage Servicing (Tables)
12 Months Ended
Dec. 31, 2016
Transfers and Servicing [Abstract]  
Schedule of Mortgage Servicing Rights Capitalized and Amortized
The following summarizes MSRs capitalized and amortized, along with the activity in the related valuation allowance:
 
As of and For The Year Ended
December 31,
 
2016
 
2015
 
2014
MSRs:
  

 
  

 
  

Balance at beginning of year
$
2,161

 
$
493

 
$
726

Capitalized servicing right fees upon sale(1)
9

 
294

 
15

Acquired in connection with SBM acquisition, at fair value

 
1,608

 

Amortization charged against mortgage servicing fee income(1)
(734
)
 
(231
)
 
(262
)
Valuation adjustment
(226
)
 
(3
)
 
14

Balance at end of year
$
1,210

 
$
2,161

 
$
493

Valuation Allowance:
  

 
  

 
  

Balance at beginning of year
$
(4
)
 
$
(1
)
 
$
(15
)
(Increase) decrease in impairment reserve(1)
(226
)
 
(3
)
 
14

Balance at end of year
$
(230
)
 
$
(4
)
 
$
(1
)
Fair value, beginning of year(2)
$
2,947

 
$
1,447

 
$
1,494

Fair value, end of year(2)
$
1,701

 
$
2,947

 
$
1,447


(1)
Reported within mortgage banking income, net on the Company's consolidated statements of income.
(2)
Reported fair value represents all MSRs currently being serviced by the Company.