XML 87 R14.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Goodwill and Other Intangibles Assets | 12 Months Ended
--- | ---
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles Assets | GOODWILL AND OTHER INTANGIBLE ASSETS The change in goodwill during the year is as follows:
| 2013 |  | 2012
| (In thousands)
Beginning of year | $ | 89,878 |  |  | $ | 90,473 |
Acquired Goodwill - PIB | 3,526 |  |  | — |
Acquired Goodwill - Foster | 29,665 |  |  | — |
Measurement period adjustments - Center | — |  |  | (595 | )
Measurement period adjustments - PIB | (3,526 | ) |  | — |
Measurement period adjustments - Foster | (14,142 | ) |  | — |
Impairment | — |  |  | — |
End of year | $ | 105,401 |  |  | $ | 89,878 |
The goodwill arising from the PIB and Foster acquisitions was reduced by a net $3.5 million and $14.1 million, respectively, due to adjustments of certain acquisition date fair value asset and liability estimates during 2013. There are a number of estimates made in the acquisition accounting as of the acquisition date that may be subject to revisions during the subsequent one-year measurement period. Goodwill is not amortized for book purposes and is not deductible for tax purposes. The following table provides information regarding the amortizing intangible assets at December 31, 2013 and 2012:
|  |  | 2013 |  | 2012
|  |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Intangible assets: | Amortization period |  |  |  |  |  |  |  |
Core deposit—IBKNY acquisition | 10 years |  | $ | 1,187 |  |  | $ | (1,187 | ) |  | $ | 1,187 |  |  | $ | (1,186 | )
Core deposit—Asiana Bank acquistion | 10 years |  | 1,018 |  |  | (1,018 | ) |  | 1,018 |  |  | (1,011 | )
Core deposit—KEB, Broadway acquisition | 10 years |  | 2,726 |  |  | (2,726 | ) |  | 2,726 |  |  | (2,703 | )
Core deposit—Center Financial Corporation acquisition | 7 years |  | 4,100 |  |  | (1,965 | ) |  | 4,100 |  |  | (1,098 | )
Core deposit—PIB acquisition | 7 years |  | 604 |  |  | (138 | ) |  | — |  |  | — |
Core deposit—Foster acquisition | 10 years |  | 2,763 |  |  | (180 | ) |  | — |  |  | — |
Total |  |  | $ | 12,398 |  |  | $ | (7,214 | ) |  | $ | 9,031 |  |  | $ | (5,998 | )
Total amortization expense on deposit premiums was $1.4 million and $1.2 million for the years ended December 31, 2013 and 2012, respectively. The estimated future amortization expense over the next five years for identifiable intangible assets is as follows: $1.3 million in 2014, $1.1 million in 2015, $849 thousand in 2016, $639 thousand in 2017, and $436 thousand in 2018.

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration