Mortgage Banking (Tables)

9 Months Ended

Sep. 30, 2013

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,
	2013		2012		2013		2012
	(in thousands)				(in thousands)
Gain from sale of mortgage loans	$	894	$	2,888	$	4,960	$	7,890
Mortgage loans servicing revenue (expense):
Mortgage loans servicing revenue		901		824		2,646		2,499
Amortization of mortgage servicing rights		(429)		(892)		(1,752)		(2,610)
Mortgage servicing rights valuation adjustments		480		(600)		1,265		(855)
		952		(668)		2,159		(966)
Net revenue from sale and servicing of mortgage loans	$	1,846	$	2,220	$	7,119	$	6,924

Capitalized Mortgage and Valuation Allowance [Table Text Block]

Activity for capitalized mortgage servicing rights and the related valuation allowance follows for the three and nine months ended September 30, 2013 and 2012:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in thousands)				(in thousands)
Mortgage servicing assets:
Balance at beginning of period	$	10,234	$	10,059	$	10,121	$	10,219
Loans sold, servicing retained		400		969		1,836		2,527
Amortization		(429)		(892)		(1,752)		(2,610)
Carrying value before valuation allowance at end of period		10,205		10,136		10,205		10,136
Valuation allowance:
Balance at beginning of period		(1,503)		(1,784)		(2,288)		(1,529)
Impairment recovery (charges)		480		(600)		1,265		(855)
Balance at end of period		(1,023)		(2,384)		(1,023)		(2,384)
Net carrying value of MSRs at end of period	$	9,182	$	7,752	$	9,182	$	7,752
Fair value of MSRs at end of period	$	9,868	$	7,752	$	9,868	$	7,752