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Transfers of Financial Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Transfers and Servicing [Abstract]  
Schedule of Reserve For Loan Repurchases Table
The following table provides a summary of activity in the reserve for loan repurchases:
 
Years ended December 31,
(In thousands)
2016
 
2015
 
2014
Beginning balance
$
1,192

 
$
1,059

 
$
2,254

(Benefit) provision charged to expense
(303
)
 
133

 
(493
)
Repurchased loans and settlements charged off
(99
)
 
—

 
(702
)
Ending balance
$
790

 
$
1,192

 
$
1,059
Schedule of Servicing Assets at Fair Value
The following table provides information for mortgage banking activities:
 
Years ended December 31,
(In thousands)
2016
 
2015
 
2014
Residential mortgage loans held for sale:
 
 
 
 
 
Proceeds from sale
$
438,925

 
$
452,590

 
$
287,132

Net gain on sale
11,629

 
7,795

 
4,070

Fair value option adjustment
(526
)
 
—

 
—

Loans sold with servicing rights retained
399,318

 
416,277

 
264,292

The following table presents the changes in fair value for mortgage servicing assets:
 
Years ended December 31,
(In thousands)
2016
 
2015
Beginning balance
$
33,568

 
$
28,690

Originations of servicing assets
11,312

 
8,027

Changes in fair value:
 
 
 
Due to payoffs/paydowns
(2,447
)
 
(2,741
)
Due to market changes
9,642

 
(408
)
Ending balance
$
52,075

 
$
33,568
Servicing Asset at Amortized Cost
The following table presents the changes in carrying value for mortgage servicing assets:
 
Years ended December 31,
(In thousands)
2016
 
2015
 
2014
Beginning balance
$
20,698

 
$
19,379

 
$
20,983

Additions
11,312

 
8,027

 
4,581

Amortization
(7,554
)
 
(6,699
)
 
(6,318
)
Valuation recovery (provision) (1)
10

 
(9
)
 
133

Ending balance
$
24,466

 
$
20,698

 
$
19,379

(1)
The valuation recovery (provision) resulted in a valuation allowance balance of $22 thousand, $32 thousand, and $23 thousand at December 31, 2016, 2015, and 2014, respectively.