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Goodwill, Intangible Assets, and Servicing Assets (Tables)

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table provides information regarding the core deposit intangibles at June 30, 2019 and December 31, 2018:

								As of June 30, 2019								As of December 31, 2018
Core Deposit Intangibles Related To:		Amortization Period		Gross Amount				Accumulated Amortization				Carrying Amount				Accumulated Amortization				Carrying Amount
				(Dollars in thousands)
Center Financial acquisition		7 years		$	4,100			$	(4,100	)		$	—			$	(4,100	)		$	—
Pacific International Bank acquisition		7 years		604				(590		)		14				(579		)		25
Foster Bankshares acquisition		10 years		2,763				(2,007		)		756				(1,893		)		870
Wilshire Bancorp acquisition		10 years		18,138				(5,961		)		12,177				(4,972		)		13,166
Total				$	25,605			$	(12,658	)		$	12,947			$	(11,544	)		$	14,061

Schedule of Servicing Assets

The changes in servicing assets for the three and six months ended June 30, 2019 and 2018 were as follows:

		Three Months Ended June 30,								Six Months Ended June 30,
		2019				2018				2019				2018
		(Dollars in thousands)
Balance at beginning of period		$	21,407			$	24,866			$	23,132			$	24,710
Additions through originations of servicing assets		619				1,600				946				3,316
Amortization		(2,029		)		(2,086		)		(4,081		)		(3,646		)
Adjustments		—				670				—				670
Balance at end of period		$	19,997			$	25,050			$	19,997			$	25,050

Summary of Fair Value Inputs

The inputs used in evaluating servicing assets for impairment at June 30, 2019 and December 31, 2018 are presented below.

		June 30, 2019				December 31, 2018
SBA Servicing Assets:
Weighted-average discount rate		10.98%				11.23%
Constant prepayment rate		13.40%				11.09%
Mortgage Servicing Assets:
Weighted-average discount rate		9.25%				10.25%
Constant prepayment rate		9.86%				7.13%

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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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.

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