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LOANS HELD FOR SALE
3 Months Ended
Mar. 31, 2015
LOANS HELD FOR SALE

NOTE 9 LOANS HELD FOR SALE

 

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

 

       
   As of    As of  
 March 31, 2015 December 31, 2014 
 (In thousands) 
Residential mortgage loans$ 27,135 $ 22,315 
Construction loans  47,802   47,802 
Commercial mortgage loans  6,786   6,839 
Total$ 81,723 $ 76,956 

Non-performing loans held for sale totaled $54.6 million ($6.8 million commercial mortgage loans and $47.8 million construction loans) as of March 31, 2015 and December 31, 2014.