Annual report pursuant to Section 13 and 15(d)

Mortgage Loans Held-for-Sale (Tables)

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Mortgage Loans Held-for-Sale (Tables)
12 Months Ended
Dec. 31, 2011
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 December 31, 2011 and December 31, 2010:
(in thousands)
December 31, 2011
 
December 31, 2010
Unpaid principal balance
$
5,655

 
$

Fair value adjustment
127

 

Carrying value
$
5,782

 
$