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Mortgage Banking (Tables)
3 Months Ended
Mar. 31, 2015
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
March 31,
 
 
 
2015
 
2014
 
 
 
(In Thousands)
 
Gain from sale of mortgage loans
 
$
1,285
 
$
641
 
Mortgage loans servicing revenue (expense):
 
 
 
 
 
 
 
Mortgage loans servicing revenue
 
 
875
 
 
905
 
Amortization of mortgage servicing rights
 
 
(411)
 
 
(292)
 
Mortgage servicing rights valuation adjustments
 
 
26
 
 
(7)
 
 
 
 
490
 
 
606
 
 
 
 
 
 
 
 
 
Net revenue from sale and servicing of mortgage loans
 
$
1,775
 
$
1,247
 
Capitalized Mortgage and Valuation Allowance [Table Text Block]
Activity for capitalized mortgage servicing rights and the related valuation allowance follows for the three months ended March 31, 2015 and 2014:
 
 
 
March 31,
2015
 
March 31,
2014
 
 
 
(In Thousands)
 
Mortgage servicing assets:
 
 
 
 
 
 
 
Balance at beginning of period
 
$
9,923
 
$
10,133
 
Loans sold, servicing retained
 
 
320
 
 
207
 
Amortization
 
 
(411)
 
 
(292)
 
Carrying value before valuation allowance at end of period
 
 
9,832
 
 
10,048
 
 
 
 
 
 
 
 
 
Valuation allowance:
 
 
 
 
 
 
 
Balance at beginning of period
 
 
(911)
 
 
(1,027)
 
Impairment (expense) recovery
 
 
26
 
 
(7)
 
Balance at end of period
 
 
(885)
 
 
(1,034)
 
Net carrying value of MSRs at end of period
 
$
8,947
 
$
9,014
 
Fair value of MSRs at end of period
 
$
9,180
 
$
9,628