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Loan Servicing (Tables)
12 Months Ended
Dec. 31, 2016
Transfers And Servicing [Abstract]  
Summary of Activity In Company's Mortgage Servicing Rights

The following table summarizes the activity in the Company’s mortgage servicing rights for the indicated periods:

 

 

 

2016

 

 

2015

 

Mortgage servicing rights:

 

(In thousands)

 

Balance at beginning of year

 

$

2,601

 

 

$

2,445

 

Additions through originations

 

 

2,348

 

 

 

642

 

Acquisition of First Eastern

 

 

6,216

 

 

 

 

Amortization

 

 

(1,064

)

 

 

(486

)

Sales

 

 

(1,191

)

 

 

 

Balance at end of year

 

$

8,910

 

 

$

2,601

 

Valuation allowance:

 

 

 

 

 

 

 

 

Balance at beginning of year

 

$

34

 

 

$

 

Provision

 

 

390

 

 

 

34

 

Balance at end of year

 

$

424

 

 

$

34

 

Mortgage servicing rights, amortized cost

 

$

8,486

 

 

$

2,567

 

Mortgage servicing rights, fair value

 

$

8,520

 

 

$

2,981