Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2011

Goodwill and Other Intangible Assets [Abstract]

Summary of core deposit intangibles and other intangibles


	At or for the			At or for the
	Six months ended			Year ended
	June 30, 2011			December 31, 2010
	($ in Thousands)
Core deposit intangibles:
Gross carrying amount	$	41,831		$	41,831
Accumulated amortization		(28,968	)		(27,121	)

Net book value	$	12,863		$	14,710


Amortization during the period	$	1,847		$	3,750

Other intangibles:
Gross carrying amount ⁽¹⁾	$	19,283		$	20,433
Accumulated amortization		(10,367	)		(11,008	)

Net book value	$	8,916		$	9,425

Amortization during the period	$	509		$	1,169

Summary of changes in balance of mortgage servicing rights asset and mortgage servicing rights valuation allowance


	At or for the			At or for the
	Six months ended			Year ended
	June 30, 2011			December 31, 2010
	($ in Thousands)
Mortgage servicing rights:
Mortgage servicing rights at beginning of period	$	84,209		$	80,986
Additions		6,584			26,165
Amortization		(11,637	)		(22,942	)

Mortgage servicing rights at end of period	$	79,156		$	84,209

Valuation allowance at beginning of period		(20,300	)		(17,233	)
Additions, net		(5,763	)		(3,067	)

Valuation allowance at end of period		(26,063	)		(20,300	)

Mortgage servicing rights, net	$	53,093		$	63,909


Fair value of mortgage servicing rights	$	53,104		$	64,378
Portfolio of residential mortgage loans serviced for others (“servicing portfolio”)	$	7,367,000		$	7,453,000
Mortgage servicing rights, net to servicing portfolio		0.72	%		0.86	%
Mortgage servicing rights expense ⁽¹⁾	$	17,400		$	26,009

Summary of estimated future amortization expense


	Core Deposit		Other		Mortgage Servicing
	Intangibles		Intangibles		Rights
	($ in Thousands)
Six months ending December 31, 2011	$	1,800	$	500	$	10,900
Year ending December 31, 2012		3,200		1,000		18,500
Year ending December 31, 2013		3,100		900		14,800
Year ending December 31, 2014		2,900		900		11,600
Year ending December 31, 2015		1,400		800		8,900
Year ending December 31, 2016		300		800		6,400

- Definition

Tabular disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

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