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Residential Mortgage-Banking Activities (Tables)
3 Months Ended
Mar. 31, 2013
Summary of Changes in Residential Mortgage Servicing Rights

The following table summarizes the changes in residential mortgage-servicing rights at the dates and for the periods indicated (in thousands).

 

     For the three months
ended March 31,
 
     2013     2012  

Mortgage-servicing rights portfolio, net of valuation allowance, beginning of period

   $ 2,584      $ 2,586   

Capitalized mortgage-servicing rights

     208        184   

Mortgage-servicing rights portfolio amortization and impairment

     (217     (207
  

 

 

   

 

 

 

Mortgage-servicing rights portfolio, net of valuation allowance, end of period

   $ 2,575      $ 2,563   
  

 

 

   

 

 

 
Summary of Activity in Valuation Allowance for Impairment of Residential Mortgage-Servicing Rights

The following table summarizes the activity in the valuation allowance for impairment of the residential mortgage-servicing rights portfolio at the dates and for the periods indicated (in thousands).

 

     For the three months
ended March 31,
 
     2013      2012  

Valuation allowance, beginning of period

   $ 41       $ 39   

Additions charged to (reduction credited from) operations

     12         (1
  

 

 

    

 

 

 

Valuation allowance, end of period

   $ 53       $ 38