XML 171 R16.htm IDEA: XBRL DOCUMENT

LOANS HELD FOR SALE

12 Months Ended

Dec. 31, 2014

NOTE 9 – LOANS HELD FOR SALE

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


	December 31,
	2014		2013
	(In thousands)
Residential mortgage loans	$	22,315	$	21,168
Construction loans		47,802		47,802
Commercial mortgage loans		6,839		6,999
Total	$	76,956	$	75,969

Non-performing loans held for sale totaled $54.6 million ($6.8 million commercial mortgage and $47.8 million construction loans) as of December 31, 2014 and $54.8 million ($7.0 million commercial mortgage and $47.8 million construction loans) as of December 31, 2013. The Corporation continues to seek to resolve and dispose of its non-performing commercial and construction loans held for sale.