Fair Value (Tables)

3 Months Ended

Mar. 31, 2015

The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of March 31, 2015, as follows:

	Fair Value		Balance Sheet Location
Rate lock commitments:
Gross assets	$	5,235
Gross liabilities		1,292
Net rate lock commitments	$	3,943	NVRM - Other assets
Forward sales contracts:
Gross assets	$	176
Gross liabilities		2,143
Net forward sales contracts	$	1,967	NVRM - Accounts payable and other liabilities

The fair value measurement as of March 31, 2015 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	$	357,473	$	(812	)	$	1,338		$	3,417	$	—		$	3,943
Forward sales contracts	$	471,289		—			—			—		(1,967	)		(1,967	)
Mortgages held for sale	$	153,359		(180	)		(94	)		1,700		—			1,426
Total fair value measurement			$	(992	)	$	1,244		$	5,117	$	(1,967	)	$	3,402