XML 130 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
LOANS HELD FOR SALE
3 Months Ended
Sep. 30, 2014
LOANS HELD FOR SALE

NOTE 8 LOANS HELD FOR SALE

 

The Corporation's loans held-for-sale portfolio was composed of:

       
 September 30, 2014 December 31, 2013 
 (In thousands) 
Residential mortgage loans$ 25,373 $ 21,168 
Construction loans  47,802   47,802 
Commercial mortgage loans  6,839   6,999 
Total$ 80,014 $ 75,969 

Non-performing loans held for sale totaled $54.6 million ($6.8 million commercial mortgage and $47.8 million construction loans) and $54.8 million ($7.0 million commercial mortgage and $47.8 million construction loans) as of September 30, 2014 and December 31, 2013, respectively.