LOAN SERVICING (Tables)

12 Months Ended

Dec. 31, 2013

Mortgage loans serviced for others are not included in the accompanying Consolidated Balance Sheets. The unpaid principal balances of these loans are summarized as follows:

	At December 31,
	2013		2012
	(in thousands)
Mortgage loan servicing portfolios
FHLMC	$	154	$	235
FNMA		150,670		127,677
Other investors		10,717		8,294
	$	161,541	$	136,206

- Definition

Tabular disclosure of the activity in the balance of servicing liabilities subsequently measured at fair value (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (through assumptions of servicing obligations, and servicing obligations that result from transfers of financial assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value and a description of those changes, and other changes that affect the balance and a description of those changes.

+ References+ Details