MORTGAGE SERVICING RIGHTS (Tables)

3 Months Ended

Mar. 31, 2017

Mortgage Loans on Real Estate [Abstract]

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

(in thousands)		March 31, 2017		December 31, 2016
Residential mortgage loans serviced for others	$	123,925	$	125,243
Fair value of mortgage servicing rights		810		902

Changes in mortgage servicing rights

Three months ended March 31, (in thousands)		2017			2016
Mortgage Servicing Rights
Balance, beginning of period	$	339		$	486
Originated		25			20
Amortization (1)		(68	)		(51)
Balance, end of period	$	296		$	455
Valuation Allowance
Balance, beginning of period	$	(23	)	$	(3	)
Increase in impairment reserve (1)		(2	)		(20	)
Balance, end of period		(25	)		(23	)
Mortgage servicing rights, net	$	271		$	432

(1) Amortization expense and changes in the impairment reserve are recorded in mortgage servicing, net, in the consolidated statements of income.