XML 46 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of core deposit intangibles and other intangibles
 
Nine Months Ended
September 30, 2015
 
Year Ended December 31, 2014
 
($ in Thousands)
Core deposit intangibles:
 
 
 
Gross carrying amount
$
36,230

 
$
36,230

Accumulated amortization
(35,759
)
 
(34,433
)
Net book value
$
471

 
$
1,797

Amortization during the period
$
1,326

 
$
2,868

Other intangibles:
 
 
 
Gross carrying amount
$
31,398

 
$
19,283

Accumulated amortization
(14,891
)
 
(13,643
)
Net book value
$
16,507

 
$
5,640

Additions during the period
$
12,115

 
$

Amortization during the period
$
1,248

 
$
879

Summary of changes in balance of mortgage servicing rights asset and mortgage servicing rights valuation allowance
 
Nine Months Ended September 30, 2015
 
Year Ended December 31, 2014
 
($ in Thousands)
Mortgage servicing rights:
 
 
 
Mortgage servicing rights at beginning of period
$
61,379

 
$
64,193

Additions
9,853

 
8,253

Amortization
(8,902
)
 
(11,067
)
Mortgage servicing rights at end of period
$
62,330

 
$
61,379

Valuation allowance at beginning of period
(1,234
)
 
(913
)
(Additions) recoveries, net
306

 
(321
)
Valuation allowance at end of period
(928
)
 
(1,234
)
Mortgage servicing rights, net
$
61,402

 
$
60,145

Fair value of mortgage servicing rights
$
67,794

 
$
66,342

Portfolio of residential mortgage loans serviced for others (“servicing portfolio”)
$
7,906,960

 
$
7,999,294

Mortgage servicing rights, net to servicing portfolio
0.78
%
 
0.75
%
Mortgage servicing rights expense (1)
$
8,596

 
$
11,388

(1)
Includes the amortization of mortgage servicing rights and additions/recoveries to the valuation allowance of mortgage servicing rights, and is a component of mortgage banking, net, in the consolidated statements of income.
Summary of estimated future amortization expense
Estimated amortization expense:
Core Deposit
Intangibles
 
Other
Intangibles
 
Mortgage Servicing
Rights
 
($ in Thousands)
Three months ending December 31, 2015
$
78

 
$
442

 
$
2,869

Year ending December 31, 2016
281

 
1,735

 
10,147

Year ending December 31, 2017
112

 
1,702

 
8,341

Year ending December 31, 2018

 
1,672

 
6,919

Year ending December 31, 2019

 
1,373

 
5,781

Year ending December 31, 2020

 
1,256

 
4,842

Beyond 2020

 
8,327

 
23,431

Total Estimated Amortization Expense
$
471

 
$
16,507

 
$
62,330