MORTGAGE BANKING AND LOAN SERVICING (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of net revenues from mortgage banking activity

	Years Ended December 31

	2012			2011			2010

Gain from sale of mortgage loans and interest rate locks	$	9,126		$	3,534		$	5,296
Mortgage loan servicing revenue (expense):
Mortgage loan servicing revenue		3,441			3,360			3,638
Amortization of mortgage servicing rights		(1,964	)		(1,388	)		(1,424	)
Mortgage servicing rights valuation adjustments		(676	)		45			132

		801			2,017			2,346

Net revenue from mortgage banking activity	$	9,927		$	5,551		$	7,642

Schedule of fair value of mortgage servicing assets and valuation allowance

	2012			2011			2010


Mortgage servicing assets
Balances, January 1	$	5,412		$	5,498		$	5,042
Servicing assets capitalized		1,578			1,257			1,748
Amortization of servicing assets		(1,964	)		(1,388	)		(1,424	)
Change in valuation allowance		(676	)		45			132

Balance, December 31	$	4,350		$	5,412		$	5,498

Valuation allowance:
Balances, January 1	$	449		$	494		$	626
Additions expensed		676			300			—
Reductions credited to operations		—			(345	)		(132	)

Balance, December 31	$	1,125		$	449		$	494

- 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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