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Fair Value (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Undesignated Derivative Instruments

The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of March 31, 2014, as follows:

 

    

Balance Sheet Location

   Fair Value  

Derivative Assets:

     

Rate lock commitments

   NVRM - Other assets    $ 115   
     

 

 

 

Forward sales contracts

   NVRM - Other assets    $ 953   
     

 

 

 

Fair Value Measurement

The fair value measurement as of March 31, 2014 was as follows:

 

     Notional or
Principal
Amount
     Assumed
Gain/(Loss)
From Loan
Sale
    Interest
Rate
Movement
Effect
    Servicing
Rights
Value
     Security
Price
Change
     Total Fair
Value
Measurement
Gain/(Loss)
 

Rate lock commitments

   $ 218,827       $ (980   $ (902   $ 1,997       $ —         $ 115   

Forward sales contracts

   $ 308,679         —          —          —           953         953   

Mortgages held for sale

   $ 123,961         (667     (780     1,319         —           (128
     

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Total Fair Value Measurement

  

   $ (1,647   $ (1,682   $ 3,316       $ 953       $ 940