GOODWILL AND OTHER INTANGIBLES AND MORTGAGE SERVICING RIGHTS (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill and other intangibles included in other assets

A summary of goodwill and other intangibles was as follows. 

(in thousands)	December 31, 2018		December 31, 2017
Goodwill	$	107,366	$	107,366
Core deposit intangibles	12,562		16,477
Customer list intangibles	4,379		4,563
Other intangibles	16,941		21,040
Goodwill and other intangibles, net	$	124,307	$	128,406

Schedule of intangible assets

See Note 1 for the Company’s accounting policy for other intangibles and see Note 2 for additional information on the Company’s acquisitions.

(in thousands)	December 31, 2018			December 31, 2017
Core deposit intangibles:
Gross carrying amount	$	29,015		$	29,015
Accumulated amortization	(16,453		)	(12,538		)
Net book value	$	12,562		$	16,477
Additions during the period	$	—		$	3,670
Amortization during the period	$	3,915		$	4,294
Customer list intangibles:
Gross carrying amount	$	5,523		5,233
Accumulated amortization	(1,144		)	(670		)
Net book value	$	4,379		$	4,563
Additions during the period	$	290		$	870
Amortization during the period	$	474		$	401

Schedule of mortgage servicing rights

A summary of the changes in the MSR asset was as follows.

(in thousands)	December 31, 2018			December 31, 2017
MSR asset:
MSR asset at beginning of year	$	3,187		$	1,922
Capitalized MSR	1,203			876
MSR asset acquired	—			874
Amortization during the period	(641		)	(485		)
MSR asset at end of year	$	3,749		$	3,187
Fair value of MSR asset at end of period	$	6,347		$	4,097
Residential mortgage loans serviced for others	$	603,446		$	518,419
Net book value of MSR asset to loans serviced for others	0.62		%	0.61		%

Schedule of estimated future amortization expense for amortizing intangible assets

The actual amortization expense the Company recognizes in any given period may be significantly different depending upon acquisition or sale activities, changes in interest rates, prepayment speeds, market conditions, regulatory requirements and events or circumstances that indicate the carrying amount of an asset may not be recoverable.

(in thousands)	Core deposit intangibles		Customer list intangibles		MSR asset
Years Ending December 31,
2019	$	3,337	$	507	$	697
2020	2,657		507		680
2021	2,167		507		531
2022	1,735		507		531
2023	1,273		483		419
Thereafter	1,393		1,868		891
Total	$	12,562	$	4,379	$	3,749