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Mortgage Servicing Rights (Tables)
 12 Months Ended
Dec. 31, 2014
Transfers and Servicing [Abstract]  
Summary of Changes in Mortgage Servicing Rights
The following table summarizes the changes in MSRs, which are included in other assets on the consolidated balance sheets:
 
2014
 
2013
 
(in thousands)
Amortized cost:
 
 
 
Balance at beginning of year
$
42,452

 
$
39,737

Originations of mortgage servicing rights
5,047

 
12,072

Amortization expense
(5,351
)
 
(9,357
)
Balance at end of year
$
42,148

 
$
42,452

Valuation allowance:
 
 
 
Balance at beginning of year
$
—

 
$
(3,680
)
Reversals
—

 
3,680

Balance at end of year
$
—

 
$
—

Net MSRs at end of year
$
42,148

 
$
42,452
Schedule Of Servicing Assets Expected Amortization Expense
Estimated MSR amortization expense for the next five years, based on balances as of December 31, 2014 and the contractual remaining lives of the underlying loans, follows (in thousands):
Year
 
2015
$
10,224

2016
9,028

2017
7,717

2018
6,283

2019
4,717