Quarterly report pursuant to Section 13 or 15(d)

Servicing Assets and Liabilities (Tables)

v3.5.0.2
Servicing Assets and Liabilities (Tables)
 9 Months Ended
Sep. 30, 2016
Transfers and Servicing [Abstract]  
Changes in Servicing Assets
The changes in servicing assets and liabilities for the nine months ended September 30, 2016 and 2015 were as follows:

 
2016
 
2015
 
(in thousands)
Servicing assets:
 
 
 
Balance at beginning of period
$
11,744

 
$
13,773

Addition related to sale of SBA loans
1,452

 
1,739

Amortization
(2,363
)
 
(3,526
)
Balance at end of period
$
10,833

 
$
11,986

 
 
 
 
Servicing liabilities:
 
 
 
Balance at beginning of period
$
4,784

 
$
5,971

Amortization
(1,358
)
 
(795
)
Balance at end of period
$
3,426

 
$
5,176