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Other Assets (Tables)
12 Months Ended
Dec. 31, 2017
Other Assets  
Schedule of carrying amount of goodwill reported in reporting units

 

 

 

 

 

 

 

 

 

 

 

 

Retail

 

Commercial

 

 

 

(in thousands)

    

Banking

    

Banking

    

Total

December 31, 2017

 

$

687,492

 

$

308,000

 

$

995,492

December 31, 2016

 

 

687,492

 

 

308,000

 

 

995,492

 

Schedule of estimated future amortization expense for mortgage servicing assets

 

 

 

 

 

 

Estimated

(dollars in thousands)

    

Amortization

Year ending December 31:

 

 

 

2018

 

$

1,959

2019

 

 

1,702

2020

 

 

1,486

2021

 

 

1,297

2022

 

 

1,133

 

Schedule of gross carrying values, accumulated amortization, and net carrying values of mortgage servicing assets

 

 

 

 

 

 

 

 

 

December 31, 

(dollars in thousands)

    

2017

    

2016

Gross carrying amount

 

$

56,571

 

$

56,544

Less: accumulated amortization

 

 

43,375

 

 

39,735

Net carrying value

 

$

13,196

 

$

16,809

 

Schedule of changes in amortized mortgage servicing assets

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

(dollars in thousands)

    

2017

    

2016

Balance at beginning of year

 

$

16,809

 

$

21,435

Originations

 

 

27

 

 

65

Amortization

 

 

(3,640)

 

 

(4,691)

Balance at end of year

 

$

13,196

 

$

16,809

Fair value of amortized MSRs at beginning of year

 

$

25,160

 

$

29,676

Fair value of amortized MSRs at end of year

 

$

21,697

 

$

25,160

Balance of loans serviced for others

 

$

2,342,619

 

$

2,702,489

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

2016

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Weighted

 

 

    

Range

    

Average

    

Range

    

Average

 

Conditional prepayment rate

 

8.53

%

 -

19.63

%

9.04

%

8.61

%

 -

18.01

%

9.16

%

Life in years (of the MSR)

 

3.29

 

 -

7.15

 

6.76

 

3.75

 

 -

7.26

 

6.19

 

Weighted-average coupon rate

 

3.97

%

 -

6.79

%

4.04

%

3.99

%

 -

6.87

%

4.06

%

Discount rate

 

10.50

%

 -

10.52

%

10.50

%

10.46

%

 -

10.52

%

10.50

%