9. Other assets:

The major components of other assets at December 31, 2014 and 2013 are summarized as follows:


December 31	2014		2013
Other real estate owned	$	561	$	648
Investment in residential housing program		4,329		3,211
Mortgage servicing rights		676		880
Bank owned life insurance		29,983		29,198
Restricted equity securities		3,687		4,102
Other assets		13,830		9,949

Total	$	53,066	$	47,988

The Company originates one-to-four family residential mortgage loans for sale in the secondary market with servicing rights retained. Mortgage loans serviced for other are not included in the accompanying Consolidated Balance Sheets. The unpaid principal balances of mortgage loans serviced for others were $163,822 at December 31, 2014 and $169,450 at December 31, 2013.