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Other Loans Held for Sale and Valuation Allowance (Tables)
3 Months Ended
Mar. 31, 2013
Summary of Other Loans Held for Sale and Related Valuation Allowance

The following table summarizes activity within other loans held for sale and the related valuation allowance at the dates and for the three months ended March 31, 2013 (in thousands).

 

            Valuation allowance  
     Other loans held      on other loans  
     for sale, gross      held for sale  

Balance at December 31, 2012

   $ 2,288       $  1,512   

Additions:

     

SBA loans transferred to other loans held for sale

     1,695         —      
  

 

 

    

 

 

 

Total additions

     1,695         —      

Reductions:

     

Sales of SBA loans

     1,695         —      
  

 

 

    

 

 

 

Total reductions

     1,695         —      
  

 

 

    

 

 

 

Balance at March 31, 2013

   $ 2,288       $ 1,512