GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill and Intangible Assets

The following table summarizes the changes in the Company’s goodwill and other intangibles for the six months ended June 30, 2018 and the year ended December 31, 2017 (in thousands):

	Goodwill			CDI			LHI			Total
Balance, December 31, 2016	$	244,583		$	29,701		$	461		$	274,745
Amortization	—			(6,247		)	(184		)	(6,431		)
Other changes(1)	(1,924		)	(1,076		)	—			(3,000		)
Balance, December 31, 2017	242,659			22,378			277			265,314
Amortization	—			(2,764		)	(33		)	(2,797		)
Balance, June 30, 2018	$	242,659		$	19,614		$	244		$	262,517

⁽¹⁾ Goodwill and CDI were adjusted for the sale of the Utah branches in 2017.

Schedule of Estimated Annual Amortization Expense

The following table presents the estimated amortization expense with respect to CDI for the periods indicated (in thousands):

	Estimated Amortization
Remainder of 2018	$	2,608
2019	4,683
2020	3,996
2021	3,307
2022	2,524
Thereafter	2,496
	$	19,614

Schedule of Servicing Assets at Amortized Value

An analysis of our mortgage servicing rights for the three and six months ended June 30, 2018 and 2017 is presented below (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Balance, beginning of the period	$	14,617		$	15,272		$	14,738		$	15,249
Additions—amounts capitalized	863			706			1,684			1,651
Additions—through purchase	30			—			45			—
Amortization (1)	(989		)	(993		)	(1,946		)	(1,915		)
Balance, end of the period (2)	$	14,521		$	14,985		$	14,521		$	14,985

⁽¹⁾  Amortization of mortgage servicing rights is recorded as a reduction of loan servicing income within mortgage banking operations and any unamortized balance is fully amortized if the loan repays in full.

⁽²⁾  There was no valuation allowance as of June 30, 2018 and 2017.