Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2015

Intangible Assets

Schedule of changes in mortgage servicing rights (MSRs)

(in thousands)	2015			2014			2013
Balance at beginning of year	$	2,762		$	3,036		$	2,549
Originated mortgage servicing rights		386			302			512
Changes in fair value:
Due to change in model inputs and assumptions (1)		372			66			723
Other changes in fair value (2)		(673	)		(642	)		(748	)
Amortization		0			0			0
Balance at end of year	$	2,847		$	2,762		$	3,036

(1) The change in fair value resulting from changes in valuation inputs or assumptions used in the valuation model reflects the change in discount rates and prepayment speed assumptions primarily due to changes in interest rates.

(2) Other changes in fair value reflect changes due to customer payments and passage of time.

Schedule of key data and assumptions used in estimating the fair value of the Company's MSRs

	2015			2014
Weighted-Average Constant Prepayment Rate		9.58	%		10.54	%
Weighted-Average Note Rate		3.92	%		3.99	%
Weighted-Average Discount Rate		9.16	%		9.21	%
Weighted-Average Expected Life (in years)		5.90			5.70