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8. Fair Value: Fair Value Measurement Inputs (Tables)
3 Months Ended
Mar. 31, 2014
Tables/Schedules  
Fair Value Measurement Inputs

(in 000’s)

 

 

 

 

 

 

 

 

Assets measured at fair value

March 31, 

2014

Fair value

December 31,

2013

Fair Value

Principal valuation techniques

Significant observable inputs

March 31, 

2014

Range of inputs

December 31,

2013

Range of inputs

Loans held at fair value:

$446

$447

Discounted cash flow

Constant prepayment rate

7.194% to 7.456%

7.74% to 7.985%

 

 

 

 

Weighted average discount rate

8.03%

9.106% to 9.111%

 

 

 

 

Weighted average life

4.03 yrs to 4.07 yrs

4.08 yrs to 4.11 yrs

 

 

 

 

Average projected default rate

18%

18%