XML 38 R28.htm IDEA: XBRL DOCUMENT v3.4.0.3
Mortgage Servicing Rights ("MSRs") (Tables)
3 Months Ended
Mar. 31, 2016
Transfers and Servicing [Abstract]  
Schedule of Servicing Assets at Fair Value
The following table presents activity in MSRs for the periods shown (dollars in thousands):
 
 
Three months ended  
 March 31,
 
2016
 
2015
Balance at beginning of period
$
2,186

 
$
2,248

Additions
128

 
226

Amortization
(163
)
 
(187
)
Change in valuation allowance

 

Balances at end of period
$
2,151

 
$
2,287

Mortgage Banking Income
Mortgage banking income, net, consisted of the following for the periods shown (dollars in thousands):
 
Three months ended  
 March 31,
 
2016
 
2015
Origination and processing fees
$
58

 
$
258

Gain on sales of mortgage loans, net
439

 
552

MSR valuation allowance

 

Servicing fees
161

 
165

Amortization
(163
)
 
(187
)
Mortgage banking income, net
$
495

 
$
788