MORTGAGE SERVICING RIGHTS (Tables)

12 Months Ended

Dec. 31, 2012

Summary of mortgage servicing rights capitalized and amortized, along with the aggregate activity in related valuation allowances

The following summarizes mortgage servicing rights capitalized and amortized, along with the aggregate activity in related valuation allowances (dollars in thousands):

	December 31,			December 31,
	2012			2011

Balance at beginning of period	$	400		$	—
Additions from loans sold with servicing retained	344			415
Amortization	(106		)	(15		)

Book value of MSRs at end of period	$	638		$	400

- Definition

Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes.

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