Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Net carrying value of intangible assets

The following table shows the net carrying value of the Corporation’s intangible assets:

	March 31, 2014		December 31, 2013		March 31, 2013
	(In thousands)
Goodwill	$	120,164	$	120,164	$	120,164
Other intangible assets:
Core deposit intangible assets	$	9,556	$	10,001	$	11,417
Mortgage servicing rights	3,316		3,423		3,485
Total other intangible assets	$	12,872	$	13,424	$	14,902

Carrying amount, accumulated amortization and amortization expense of core deposit intangible assets

The following table sets forth the carrying amount, accumulated amortization and amortization expense of core deposit intangible assets that are amortizable and arose from business combinations or other acquisitions:

	March 31, 2014		December 31, 2013		March 31, 2013
	(In thousands)
Gross original amount	$	18,659	$	18,659	$	18,659
Accumulated amortization	9,103		8,658		7,242
Carrying amount	$	9,556	$	10,001	$	11,417
Amortization expense for the three months ended March 31	$	445			$	493

Net carrying value, fair value of MSRs and loans Corporation servicing for others

The following shows the net carrying value and fair value of MSRs and the total loans that the Corporation is servicing for others:

	March 31, 2014		December 31, 2013		March 31, 2013
	(In thousands)
Net carrying value of MSRs	$	3,316	$	3,423	$	3,485
Fair value of MSRs	$	6,706	$	6,878	$	5,326
Loans serviced for others that have servicing rights capitalized	$	877,530	$	886,730	$	907,823

Activity for capitalized MSRs

The following table shows the activity for capitalized MSRs:

	Three Months Ended March 31,
	2014			2013
	(In thousands)
Balance at beginning of period	$	3,423		$	3,478
Additions	143			515
Amortization	(250		)	(508		)
Balance at end of period	$	3,316		$	3,485