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1) Significant Accounting Policies: Loans Held For Sale (Policies)
12 Months Ended
Dec. 31, 2017
Policies  
Loans Held For Sale

Loans Held for Sale

 

Mortgage loans held for sale prior to July 1, 2017 were carried at the lower of cost or market net of direct selling revenues and costs. Based on the short-term nature of these assets, the Company had no related allowance for loan losses recorded for these assets. On July 1, 2017 the Company elected the fair value option for loans held for sale. See Note 3 and Note 17 to Consolidated Financial Statements for additional disclosures regarding loans held for sale.