Mortgage Servicing Rights (Tables)

6 Months Ended

Jun. 30, 2013

Changes in the Company's mortgage servicing rights

Changes in the Company’s mortgage servicing rights were as follows:



Balance at January 1, 2013	$	4,233
Capitalization	3,278
Amortization	(330		)

Balance at June 30, 2013	$	7,181

Data and key economic assumptions related to the Company's mortgage servicing rights

Data and key economic assumptions related to the Company’s mortgage servicing rights as of June 30, 2013 are as follows:



Unpaid principal balance	$	679,604

Weighted-average prepayment speed (CPR)	2.76		%
Estimated impact of a 10% increase	$	(505	)
Estimated impact of a 20% increase	(670		)

Discount rate	11.26		%
Estimated impact of a 10% increase	$	(580	)
Estimated impact of a 20% increase	(810		)

Weighted-average coupon interest rate	3.22		%
Weighted-average servicing fee (basis points)	25.09
Weighted-average remaining maturity (in months)	288

- Definition

Tabular disclosure of the activity in the balance of servicing assets subsequently measured at amortized value (including a description of where changes in carrying 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 (through purchases of servicing assets and servicing assets that result from transfers of financial assets), disposals, amortization, application of valuation allowances, other-than-temporary impairments, and other changes that affect the balance along with a description of those changes.

+ References+ Details