Goodwill, Core Deposit Premium and Other Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2015 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of Acquired Finite-Lived Intangible Assets by Major Class |
The gross carrying amount of other intangible assets and the associated accumulated amortization at June 30, 2015, and December 31, 2014, are presented in the table below, in thousands: | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2015 | | December 31, 2014 | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Amount | Amortizing intangible assets: | | | | | | | | | | | | Core deposit intangibles | $ | 27,109 |
| | $ | 13,849 |
| | $ | 13,260 |
| | $ | 21,069 |
| | $ | 12,525 |
| | $ | 8,544 |
| Mortgage servicing rights | 41,458 |
| | 13,819 |
| | 27,639 |
| | 37,825 |
| | 12,841 |
| | 24,984 |
| Customer relationship intangible | 1,177 |
| | 794 |
| | 383 |
| | 1,177 |
| | 773 |
| | 404 |
| Commercial servicing rights | 4,396 |
| | 452 |
| | 3,944 |
| | — |
| | — |
| | — |
| Total | $ | 74,140 |
| | $ | 28,914 |
| | $ | 45,226 |
| | $ | 60,071 |
| | $ | 26,139 |
| | $ | 33,932 |
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Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The following table shows the estimated future amortization expense for amortizable intangible assets, in thousands: | | | | | | | | | | | | | | | | | | | | | | Core Deposit Intangibles | | Mortgage Servicing Rights | | Customer Relationship Intangible | | Commercial Servicing Rights | | Total | Six months ending December 31, 2015 | $ | 1,374 |
| | $ | 4,368 |
| | $ | 21 |
| | $ | 421 |
| | $ | 6,184 |
| Year ending December 31, | | | | | | | | | | 2016 | 2,467 |
| | 5,818 |
| | 41 |
| | 821 |
| | 9,147 |
| 2017 | 2,180 |
| | 4,987 |
| | 40 |
| | 769 |
| | 7,976 |
| 2018 | 1,925 |
| | 4,156 |
| | 39 |
| | 676 |
| | 6,796 |
| 2019 | 1,667 |
| | 3,324 |
| | 38 |
| | 504 |
| | 5,533 |
| 2020 | 1,423 |
| | 2,493 |
| | 37 |
| | 314 |
| | 4,267 |
| Thereafter | 2,224 |
| | 2,493 |
| | 167 |
| | 439 |
| | 5,323 |
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Schedule of Servicing Assets at Fair Value |
The following table summarizes, in thousands, the changes in capitalized mortgage servicing rights for the six-month periods ended June 30, 2015, and June 30, 2014: | | | | | | | | | | 2015 | | 2014 | Balance at January 1 | $ | 24,984 |
| | $ | 21,788 |
| Originations | 7,015 |
| | 3,344 |
| Amortization | (4,360 | ) | | (2,355 | ) | Balance at June 30 | $ | 27,639 |
| | $ | 22,777 |
| Fair value of mortgage servicing rights | $ | 36,971 |
| | $ | 31,471 |
| Mortgage servicing rights, net to servicing portfolio | 0.73 | % | | 0.71 | % |
The following table summarizes, in thousands, the changes in capitalized commercial servicing rights for the six-month periods ended June 30, 2015, and June 30, 2014: | | | | | | | | | | 2015 | | 2014 | Balance at January 1 | $ | — |
| | $ | — |
| Acquired | 4,255 |
| | — |
| Originations | 141 |
| | — |
| Amortization | (452 | ) | | — |
| Balance at June 30 | $ | 3,944 |
| | $ | — |
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