Fair Value (Tables)

6 Months Ended

Jun. 30, 2016

The undesignated derivative instruments are included on the accompanying condensed consolidated balance sheet, as of June 30, 2016, as follows:

	Fair Value		Balance Sheet Location
Rate lock commitments:
Gross assets	$	8,314
Gross liabilities		735
Net rate lock commitments	$	7,579	NVRM - Other assets
Forward sales contracts:
Gross assets	$	1
Gross liabilities		5,104
Net forward sales contracts	$	5,103	NVRM - Accounts payable and other liabilities

The fair value measurement as of June 30, 2016 was as follows:

	Notional or Principal Amount		Assumed Gain/(Loss) From Loan Sale			Interest Rate Movement Effect		Servicing Rights Value		Security Price Change			Total Fair Value Measurement Gain/(Loss)
Rate lock commitments	$	524,455	$	(304	)	$	3,335	$	4,548	$	—		$	7,579
Forward sales contracts	$	718,451		—			—		—		(5,103	)		(5,103	)
Mortgages held for sale	$	270,356		650			1,446		2,693		—			4,789
Total fair value measurement			$	346		$	4,781	$	7,241	$	(5,103	)	$	7,265