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Mortgage Banking (Tables)
12 Months Ended
Dec. 31, 2013
Mortgage Banking [Abstract]  
Mortgage Loans [Table Text Block]
Net revenues from the sales and servicing of mortgage loans consisted of the following:
 
 
Years Ended December 31
 
 
 
2013
 
2012
 
2011
 
 
 
(In Thousands)
 
Gain from sale of mortgage loans
 
$
5,716
 
$
10,599
 
$
5,607
 
Mortgage loan servicing revenue (expense):
 
 
 
 
 
 
 
 
 
 
Mortgage loan servicing revenue
 
 
3,564
 
 
3,387
 
 
3,403
 
Amortization of mortgage servicing rights
 
 
(2,098)
 
 
(3,562)
 
 
(2,169)
 
Mortgage servicing rights valuation adjustments
 
 
1,261
 
 
(759)
 
 
(404)
 
 
 
 
2,727
 
 
(934)
 
 
830
 
Net revenue from sale and servicing of mortgage loans
 
$
8,443
 
$
9,665
 
$
6,437
 
Capitalized Mortgage and Valuation Allowance [Table Text Block]
Activity for capitalized mortgage servicing rights and the related valuation allowance follows:
 
 
Years Ended December 31
 
 
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In Thousands)
 
Mortgage servicing assets:
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
 
$
10,121
 
$
10,219
 
$
10,602
 
Loans sold, servicing retained
 
 
2,110
 
 
3,464
 
 
1,786
 
Amortization
 
 
(2,098)
 
 
(3,562)
 
 
(2,169)
 
Carrying value before valuation allowance at end of period
 
 
10,133
 
 
10,121
 
 
10,219
 
 
 
 
 
 
 
 
 
 
 
 
Valuation allowance:
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
 
 
(2,288)
 
 
(1,529)
 
 
(1,125)
 
Impairment recovery (charges)
 
 
1,261
 
 
(759)
 
 
(404)
 
Balance at end of period
 
 
(1,027)
 
 
(2,288)
 
 
(1,529)
 
Net carrying value of MSRs at end of period
 
$
9,106
 
$
7,833
 
$
8,690
 
Fair value of MSRs at end of period
 
$
9,686
 
$
7,833
 
$
8,690
 
Servicing Portfolio [Table Text Block]
The Company’s servicing portfolio is comprised of the following:
 
 
December 31
 
 
 
2013
 
2012
 
 
 
Number of
 
 
Principal
 
Number of
 
 
Principal
 
Investor
 
Loans
 
 
Outstanding
 
Loans
 
 
Outstanding
 
 
 
(In Thousands)
 
Fannie Mae
 
5,304
 
$
527,666
 
5,190
 
$
522,978
 
Freddie Mac
 
8,873
 
 
829,594
 
8,550
 
 
786,124
 
Federal Home Loan Bank
 
116
 
 
12,093
 
166
 
 
18,330
 
Other
 
26
 
 
1,888
 
21
 
 
1,285
 
Totals
 
14,319
 
$
1,371,241
 
13,927
 
$
1,328,717
Schedule of Fair Value Assumption, Date of Securitization or Asset-backed Financing Arrangement, Transferors Continuing Involvement, Servicing Assets or Liabilities [Table Text Block]
 
10% Adverse
 
20% Adverse
 
Change
 
Change
 
(In Thousands)
Assumption:
 
 
 
 
 
Decline in fair value from increase in prepayment rate
$
454
 
$
861
Declines in fair value from increase in discount rate
 
318
 
 
725