Reserve for Repurchased Loans and Loss Sharing Obligations (Tables)

3 Months Ended

Mar. 31, 2014

Text Block [Abstract]

Analysis of Reserve for Repurchased Loans and Loss Sharing Obligations

An analysis of the reserve for repurchased loans and loss sharing obligations for the three months ended March 31, 2014 and 2013 is as follows (in thousands). The reserve is included in other liabilities in the accompanying statements of financial condition.

	Three months ended March 31,
	2014		2013
Balance at beginning of period	$	1,468	$	1,203
Provision charged to operations		—		975
Loss on loans repurchased, settlements or payments under loss sharing arrangements		—		(695	)
Recoveries		—		205
Balance at end of period	$	1,468	$	1,688