(

) Other Assets

A summary of major components of other assets follows:

	December 31,
(In thousands)	201 8		201 7

Cash surrender value of life insurance other than BOLI	$	15,029	$	16,213
Net deferred tax asset		10,193		9,206
Investments in income tax credit related ventures		4,537		3,216
Prepaid assets		3,072		2,856
Other short term receivables		1,939		2,215
Core deposit intangible		1,057		1,225
Mortgage servicing rights (MSRs)		1,022		875
OREO and other foreclosed property		1,018		2,640
Goodwill		682		682
Other		8,362		9,378

Total	$	46,911	$	48,506

Bancorp maintains life insurance policies other than BOLI in conjunction with its non-qualified defined benefit retirement and non-qualified compensation plans.

Mortgage servicing rights (MSRs) are initially recognized at fair value when mortgage loans are sold and amortized in proportion to and over the period of estimated net servicing income, considering appropriate prepayment assumptions. MSRs are evaluated quarterly for impairment by comparing carrying value to fair value. Estimated fair values of MSRs at

December 31, 2018

and

2017

were

$3.6

million and

$3.1

million, respectively. Total outstanding principal balances of loans serviced by Bancorp were

$327.9

million and

$344.5

million at

December 31, 2018,

and

2017

respectively.

Changes in the net carrying amount of MSRs are shown in the following table.

(In thousands)	201 8			201 7

Balance at January 1	$	875		$	921
Originations		302			225
Amortization		(155	)		(271	)

Balance at December 31	$	1,022		$	875