Fair Value (Tables)

9 Months Ended

Sep. 30, 2016

The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of September 30, 2016, as follows:

	Fair Value		Balance Sheet Location
Rate lock commitments:
Gross assets	$	6,256
Gross liabilities		1,379
Net rate lock commitments	$	4,877	NVRM - Other assets
Forward sales contracts:
Gross assets	$	174
Gross liabilities		1,304
Net forward sales contracts	$	1,130	NVRM - Accounts payable and other liabilities

The fair value measurement as of September 30, 2016 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	$	553,600	$	(738	)	$	1,024	$	4,591	$	—		$	4,877
Forward sales contracts	$	757,756		—			—		—		(1,130	)		(1,130	)
Mortgages held for sale	$	288,543		(51	)		81		2,730		—			2,760
Total fair value measurement			$	(789	)	$	1,105	$	7,321	$	(1,130	)	$	6,507