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Mortgage Servicing Rights (Tables)
12 Months Ended
Dec. 31, 2015
Servicing Asset [Abstract]  
Summary of MSR activity
The following table summarizes MSR activity for the years indicated.
 
For the Year Ended December 31,
(In Thousands)
2015
 
2014
 
2013
Carrying amount before valuation allowance at beginning of year
$
14,136

 
$
15,595

 
$
15,143

Additions – servicing obligations that result from transfers of financial assets
1,352

 
1,123

 
3,681

Amortization
(2,307
)
 
(2,582
)
 
(3,229
)
Carrying amount before valuation allowance at end of year
13,181

 
14,136

 
15,595

Valuation allowance at beginning of year
(2,735
)
 
(2,795
)
 
(8,196
)
Recovery of valuation allowance
568

 
60

 
5,401

Valuation allowance at end of year
(2,167
)
 
(2,735
)
 
(2,795
)
Net carrying amount at end of year
$
11,014

 
$
11,401

 
$
12,800

Summary of mortgage banking income, net
The following table summarizes mortgage banking income, net, for the years indicated.
 
For the Year Ended December 31,
(In Thousands)
2015
 
2014
 
2013
Loan servicing fees
$
3,940

 
$
4,085

 
$
4,189

Net gain on sales of loans
2,021

 
1,763

 
6,880

Amortization of MSR
(2,307
)
 
(2,582
)
 
(3,229
)
Recovery of valuation allowance on MSR
568

 
60

 
5,401

Total mortgage banking income, net
$
4,222

 
$
3,326

 
$
13,241