Quarterly report pursuant to Section 13 or 15(d)

Mortgage Loans Held-for-Sale (Tables)

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Mortgage Loans Held-for-Sale (Tables)
9 Months Ended
Sep. 30, 2012
Mortgage Loans Held-for-Sale [Abstract]  
Schedule of Mortgage Loans Held-for-Sale Reconciliation [Table Text Block]
The following table presents the carrying value of the Company's mortgage loans held-for-sale as of September 30, 2012 and December 31, 2011:
(in thousands)
September 30,
2012
 
December 31, 2011
Unpaid principal balance
$
14,156

 
$
5,655

Fair value adjustment
397

 
127

Carrying value
$
14,553

 
$
5,782