MORTGAGE SERVICING RIGHTS (Tables)

3 Months Ended

Mar. 31, 2015

Mortgage Loans on Real Estate [Abstract]

Balance of loans serviced for others and fair value of mortgage servicing rights

March 31, (in thousands)		2015		2014
Residential mortgage loans serviced for others	$	137,186	$	144,197
Fair value of mortgage servicing rights		1,355		1,646

Changes in mortgage servicing rights

		Three months
Periods ended March 31, (in thousands)		2015			2014
Mortgage Servicing Rights
Balance, beginning of period	$	694		$	980
Originated		62			5
Amortization (1)		(119	)		(79	)
Balance, end of period	$	637		$	906
Valuation Allowance
Balance, beginning of period	$	1		$	(15	)
Decrease in impairment reserve (1)		(10	)		11
Balance, end of period		(9	)		(4	)
Loan servicing rights, net	$	628		$	902

(1) Amortization expense and changes in the impairment reserve are recorded in loan servicing fee income.