XML 69 R35.htm IDEA: XBRL DOCUMENT v3.6.0.2
Other Assets (Tables)
12 Months Ended
Dec. 31, 2015
Other Assets  
Schedule of carrying amount of goodwill reported in reporting units

 

 

Retail

 

Commercial

 

 

 

(in thousands)

    

Banking

    

Banking

    

Total

 

December 31, 2015

 

$

687,492 

 

$

308,000 

 

$

995,492 

 

December 31, 2014

 

 

687,492 

 

 

308,000 

 

 

995,492 

 

 

Schedule of estimated future amortization expense for mortgage servicing rights

 

 

Estimated

 

(dollars in thousands)

    

Amortization

 

Year ending December 31:

 

 

 

 

2016

 

$

3,256 

 

2017

 

 

2,833 

 

2018

 

 

2,478 

 

2019

 

 

2,174 

 

2020

 

 

1,905 

 

 

Schedule of details of mortgage servicing rights

 

 

December 31,

 

(dollars in thousands)

    

2015

    

2014

 

Gross carrying amount

 

$

56,479 

 

$

54,693 

 

Accumulated amortization

 

 

35,044 

 

 

29,502 

 

Net carrying value

 

$

21,435 

 

$

25,191 

 

 

Schedule of changes in amortized mortgage servicing rights

 

 

Year Ended December 31,

 

(dollars in thousands)

    

2015

    

2014

 

Balance at beginning of year

 

$

25,191 

 

$

13,278 

 

Originations

 

 

1,786 

 

 

1,237 

 

Purchases

 

 

 

 

14,579 

 

Amortization

 

 

(5,542)

 

 

(3,903)

 

Balance at end of year

 

$

21,435 

 

$

25,191 

 

Fair value of amortized MSRs at end of year

 

$

29,676 

 

$

31,807 

 

Balance of loans serviced for others

 

$

3,220,865 

 

$

3,570,912 

 

 

Schedule of quantitative assumptions used in determining lower of cost or fair value of MSRs

 

 

2015

 

2014

 

 

 

 

 

Weighted‑

 

 

 

Weighted‑

 

 

    

Range

    

Average

    

Range

    

Average

 

Conditional prepayment rate

 

8.54% ‑ 16.50

%  

9.20 

%  

9.13% ‑ 18.03

%  

10.08 

%

Life in years (of the MSR)

 

3.89 ‑ 7.42

 

6.36 

 

3.78 ‑ 7.17

 

6.80 

 

Weighted‑average coupon rate

 

4.02% ‑ 7.02

%  

4.08 

%  

3.98% ‑ 7.07

%  

4.14 

%

Discount rate

 

10.50% ‑ 10.52

%  

10.50 

%  

10.50% ‑ 10.52

%  

10.50 

%