Year Ended

October 31,

(In thousands)

2014

2013

Loan origination reserves, beginning of period

$11,036

$9,334

Provisions for losses during the period

3,814

3,138

Adjustments to pre-existing provisions for losses from changes in estimates

(2,574

)

(786

)

Payments/settlements (1)

(4,924

)

(650

)

Loan origination reserves, end of period

$7,352

$11,036