Mortgage Servicing Rights ("MSRs") (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Servicing Assets at Fair Value [Table Text Block]

The following table presents activity in MSRs for the periods shown (dollars in thousands):



	Three months ended June 30,				Six months ended June 30,
	2013		2012		2013		2012
Balance at beginning of period	$	1,546	$	300	$	1,308	$	—
Additions	141		431		307		731
Amortization	99		43		171		43
Change in valuation allowance	—		—		—		—
Balances at end of period	$	1,786	$	774	$	1,786	$	774

Mortgage Banking Income [Table Text Block]

Mortgage banking income, net, consisted of the following for the periods shown (dollars in thousands):



	Three months ended June 30,						Six months ended June 30,
	2013			2012			2013			2012
Origination and processing fees	$	123		$	184		$	296		$	282
Gain on sales of mortgage loans, net	918			1,025			1,882			1,559
MSR valuation allowance	—			—			—			—
Servicing fees	118			30			213			46
Amortization	(99		)	(43		)	(171		)	(43		)
Mortgage banking income, net	$	1,060		$	1,196		$	2,220		$	1,844

- 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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