Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill as allocated to Valley's business segments, or reporting units thereof, for goodwill impairment analysis were:



	Business Segment / Reporting Unit*
	Wealth Management		Consumer Lending		Commercial Lending		Investment Management		Total
	(in thousands)
Balance at December 31, 2014	$	20,517	$	168,922	$	252,900	$	133,553	$	575,892
Goodwill from business combinations	—		450		869		323		1,642
Balance at March 31, 2015	$	20,517	$	169,372	$	253,769	$	133,876	$	577,534

Other Intangible Assets

The following table summarizes other intangible assets as of March 31, 2015 and December 31, 2014:



	Gross Intangible Assets		Accumulated Amortization			Valuation Allowance			Net Intangible Assets
	(in thousands)
March 31, 2015
Loan servicing rights	$	73,096	$	(53,597	)	$	(676	)	$	18,823
Core deposits	43,384		(29,219		)	—			14,165
Other	4,374		(2,338		)	—			2,036
Total other intangible assets	$	120,854	$	(85,154	)	$	(676	)	$	35,024
December 31, 2014
Loan servicing rights	$	72,154	$	(51,708	)	$	(592	)	$	19,854
Core deposits	46,694		(29,916		)	—			16,778
Other	4,591		(2,448		)	—			2,143
Total other intangible assets	$	123,439	$	(84,072	)	$	(592	)	$	38,775

Estimated Future Amortization Expense

The following presents the estimated future amortization expense of other intangible assets for the remainder of 2015 through 2019:



	Loan Servicing Rights		Core Deposits		Other
	(in thousands)
2015	$	4,070	$	2,446	$	325
2016	4,220		2,648		233
2017	3,298		2,120		220
2018	2,511		1,767		193
2019	1,838		1,497		181