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GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 3 Months Ended
Mar. 31, 2020
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 three months ended March 31, 2020 and the year ended December 31, 2019 (in thousands):
 
Goodwill
 
CDI
 
LHI
 
Total
Balance, December 31, 2018
$
339,154

 
$
32,699

 
$
225

 
$
372,078

Additions through acquisitions(1)
33,967

 
4,610

 
—

 
38,577

Amortization
—

 
(8,151
)
 
—

 
(8,151
)
Adjustments(2)
—

 
—

 
(225
)
 
(225
)
Balance, December 31, 2019
373,121

 
29,158

 
—

 
402,279

Amortization
—

 
(2,001
)
 
—

 
(2,001
)
Balance, March 31, 2020
$
373,121

 
$
27,157

 
$
—

 
$
400,278


(1) The additions to Goodwill and CDI in 2019 relate to the acquisition of AltaPacific.
(2) The adjustment to LHI represents a reclassification to the right-of-use lease asset in connection with the implementation of Lease Topic 842.
Schedule of Estimated Annual Amortization Expense

The following table presents the estimated amortization expense with respect to CDI as of March 31, 2020 for the periods indicated (in thousands):
 
 
Estimated Amortization
Remainder of 2020
 
$
5,730

2021
 
6,571

2022
 
5,317

2023
 
3,814

2024
 
2,659

Thereafter
 
3,066

 
 
$
27,157
Schedule of Servicing Assets at Amortized Value
An analysis of our mortgage servicing rights for the three months ended March 31, 2020 and 2019 is presented below (in thousands):
 
Three Months Ended
March 31,
 
2020
 
2019
Balance, beginning of the period
$
14,148

 
$
14,638

Additions—amounts capitalized
1,420

 
672

Additions—through purchase
63

 
47

Amortization (1)
(1,354
)
 
(940
)
Balance, end of the period (2)
$
14,277

 
$
14,417


(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 March 31, 2020 and 2019.