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GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
9 Months Ended
Sep. 30, 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 nine months ended September 30, 2020 and the year ended December 31, 2019 (in thousands):
 GoodwillCDILHITotal
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, 2019373,121 29,158 — 402,279 
Amortization— (5,867)— (5,867)
Balance, September 30, 2020$373,121 $23,291 $— $396,412 
(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 September 30, 2020 for the periods indicated (in thousands):
Estimated Amortization
Remainder of 2020$1,865 
20216,571 
20225,317 
20233,814 
20242,659 
Thereafter3,065 
 $23,291 
Schedule of Servicing Assets at Amortized Value
An analysis of our mortgage servicing rights for the three and nine months ended September 30, 2020 and 2019 is presented below (in thousands):
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2020201920202019
Balance, beginning of the period$14,424 $13,998 $14,148 $14,638 
Additions—amounts capitalized2,426 1,167 6,030 2,524 
Additions—through purchase40 36 141 105 
Amortization (1)
(2,075)(1,404)(5,504)(3,470)
Balance, end of the period (2)
$14,815 $13,797 $14,815 $13,797 

(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 September 30, 2020 and 2019.