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OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2017

OTHER INTANGIBLE ASSETS

Schedule of gross carrying value and accumulated amortization related to intangible assets

The gross carrying value and accumulated amortization related to our intangible assets are presented below:

	March 31, 2017												December 31, 2016
(dollars in thousands)	Gross Carrying Value				Accumulated Amortization				Net Carrying Value				Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Core deposit premium	$	44,642			$	(40,630	)		$	4,012			$	44,642			$	(39,962	)		$	4,680
Mortgage servicing rights	62,637				(46,790		)		15,847				62,049				(46,270		)		15,779
Total	$	107,279			$	(87,420	)		$	19,859			$	106,691			$	(86,232	)		$	20,459

The following table presents changes in other intangible assets for the three months ended March 31, 2017:

(dollars in thousands)	Core Deposit Premium				Mortgage Servicing Rights				Total
Balance, beginning of period	$	4,680			$	15,779			$	20,459
Additions	—				588				588
Amortization	(668		)		(520		)		(1,188		)
Balance, end of period	$	4,012			$	15,847			$	19,859

Schedule of fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights

The following table presents the fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights:

	Three Months Ended March 31,
(dollars in thousands)	2017				2016
Fair market value, beginning of period	$	18,087			$	18,345
Fair market value, end of period	17,627				17,195
Weighted average discount rate	9.5		%		9.5		%
Forecasted constant prepayment rate assumption	15.0				15.3

Schedule of estimated amortization expense

Based on the core deposit premium and mortgage servicing rights held as of March 31, 2017, estimated amortization expense for the remainder of fiscal year 2017, the next five succeeding fiscal years and all years thereafter are as follows:

	Estimated Amortization Expense
(dollars in thousands)	Core Deposit Premium				Mortgage Servicing Rights				Total
2017 (remainder)	$	2,006			$	1,498			$	3,504
2018	2,006				1,673				3,679
2019	—				1,397				1,397
2020	—				1,191				1,191
2021	—				992				992
2022	—				893				893
Thereafter	—				8,203				8,203
	$	4,012			$	15,847			$	19,859

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Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
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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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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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