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OTHER ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2016
Other Assets [Abstract] |
Summary of Other Assets | Year-end other assets are summarized as follows:
(In thousands) |  | 2016 |  | 2015
Capitalized servicing rights |  | $ | 11,524 |  |  | $ | 5,187 |
Accrued interest receivable |  | 26,113 |  |  | 20,940 |
Investment in tax credits |  | 1,500 |  |  | 2,854 |
Accrued federal and state tax receivable (1) |  | 19,076 |  |  | 6,731 |
Derivative assets |  | 21,617 |  |  | 17,507 |
Other |  | 18,627 |  |  | 11,707 |
Total other assets |  | $ | 98,457 |  |  | $ | 64,926 |
(1) | Accrued federal and state tax receivable as of December 31, 2016 includes $5.9 million of New York State refundable tax credits from investment in historical tax credit partnerships in New York State. This balance was $4 million at year-end 2015.
Schedule of Mortgage Servicing Rights Activity | ervicing rights activity was as follows:
(In thousands) |  | 2016 |  | 2015
Balance at beginning of year |  | $ | 5,187 |  |  | $ | 3,757 |
Acquired from 44 Business Capital |  | 3,489 |  |  | — |
Acquired from First Choice Bank (1) |  | 696 |  |  | — |
Additions |  | 4,116 |  |  | 2,622 |
Amortization |  | (1,964 | ) |  | (1,192 | )
Balance at end of year |  | $ | 11,524 |  |  | $ | 5,187 |
(1) | Amounts acquired from First Choice Bank are accounted for at fair value. The balance as of December 31, 2016 was $798 thousand.

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- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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- Definition Tabular disclosure of activity in the balance of servicing assets subsequently measured at amortized cost. Includes, but is not limited to, beginning and ending balances, additions, disposals, and amortization. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122739-111746 + Details
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