Servicing Assets (Tables)

12 Months Ended

Dec. 31, 2017

TransfersAndServicingOfFinancialAssetsAbstract

ScheduleOfServicingAssetsAtFairValueTextBlock

The following table presents the changes in servicing rights measured using the fair value method for years ended December 31, 2017, 2016 and 2015:

		Year Ended December 31,
		2017	2016			2015
		(In thousands)
Fair value at beginning of year	$	9,858	$	7,455	$	13,992
Sale of mortgage servicing rights		-		-		(5,927)
Servicing from mortgage securitizations or asset transfers		1,658		2,616		2,620
Changes due to payments on loans		(590)		(489)		(1,017)
Changes in fair value related to price of MSR's held for sale		-		-		(2,939)
Changes in fair value due to changes in valuation model inputs or assumptions		(1,105)		276		726
Fair value at end of year	$	9,821	$	9,858	$	7,455

ScheduleOfAssumptionsForFairValueOnSecuritizationDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock

The following table presents key economic assumption ranges used in measuring the mortgage-related servicing asset fair value for the years ended 2017, 2016 and 2015:

	Year Ended December 31,
	2017	2016	2015
Constant prepayment rate	3.94% - 8.49%	4.24% - 9.14%	5.23% - 15.24%
Discount rate	10.00% - 12.00%	10.00% - 12.00%	10.00% - 12.00%

ScheduleOfSensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock

The sensitivity of the current fair value of servicing assets to immediate 10 percent and 20 percent adversechanges in the above key assumptions were as follows:

	December 31, 2017
	(In thousands)
Mortgage-related servicing asset
Carrying value of mortgage servicing asset	$	9,821
Constant prepayment rate
Decrease in fair value due to 10% adverse change	$	(196)
Decrease in fair value due to 20% adverse change	$	(384)
Discount rate
Decrease in fair value due to 10% adverse change	$	(436)
Decrease in fair value due to 20% adverse change	$	(838)