Mortgage Banking (Tables)

9 Months Ended

Sep. 30, 2012

Mortgage Banking [Abstract]

Mortgage Loans [Table Text Block]

Net revenues from the sales and servicing of mortgage loans consisted of the following:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(in thousands)						(in thousands)
Gain from sale of mortgage loans	$	2,888		$	2,128		$	7,890		$	3,954
Mortgage loans servicing revenue (expense):
Mortgage loans servicing revenue		824			852			2,499			2,529
Amortization of mortgage servicing rights		(892	)		(553	)		(2,610	)		(1,349	)
Mortgage servicing rights valuation adjustments		(600	)		(1,072	)		(855	)		(585	)
		(668	)		(773	)		(966	)		595
Net revenue from sale and servicing of mortgage loans	$	2,220		$	1,355		$	6,924		$	4,549

Capitalized Mortgage and Valuation Allowance [Table Text Block]

Activity for capitalized mortgage servicing rights and the related valuation allowance follows for the three and six months ended September 30, 2012 and 2011:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(in thousands)						(in thousands)
Mortgage servicing assets:
Balance at beginning of period	$	10,059		$	10,477		$	10,219		$	10,602
Loans sold, servicing retained		969			446			2,527			1,117
Amortization		(892	)		(553	)		(2,610	)		(1,349	)
Carrying value before valuation allowance at end of period		10,136			10,370			10,136			10,370
Valuation allowance:
Balance at beginning of period		(1,784	)		(638	)		(1,529	)		(1,125	)
Impairment recovery (charges)		(600	)		(1,072	)		(855	)		(585	)
Balance at end of period		(2,384	)		(1,710	)		(2,384	)		(1,710	))
Net carrying value of MSRs at end of period	$	7,752		$	8,660		$	7,752		$	8,660
Fair value of MSRs at end of period	$	7,752		$	8,660		$	7,752		$	8,660