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OTHER INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 30, 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 core deposit premium and mortgage servicing rights are presented below:
| June 30, 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 |  |  | $ | (41,299 | ) |  | $ | 3,343 |  |  | $ | 44,642 |  |  | $ | (39,962 | ) |  | $ | 4,680 |
Mortgage servicing rights | 63,269 |  |  | (47,337 | ) |  | 15,932 |  |  | 62,049 |  |  | (46,270 | ) |  | 15,779 |
Total | $ | 107,911 |  |  | $ | (88,636 | ) |  | $ | 19,275 |  |  | $ | 106,691 |  |  | $ | (86,232 | ) |  | $ | 20,459 |
The following table presents changes in core deposit premium and mortgage servicing rights for the six months ended June 30, 2017:
(dollars in thousands) | Core Deposit Premium |  | Mortgage Servicing Rights |  | Total
Balance, beginning of period | $ | 4,680 |  |  | $ | 15,779 |  |  | $ | 20,459 |
Additions | — |  |  | 1,220 |  |  | 1,220 |
Amortization | (1,337 | ) |  | (1,067 | ) |  | (2,404 | )
Balance, end of period | $ | 3,343 |  |  | $ | 15,932 |  |  | $ | 19,275 |
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:
| Six Months Ended June 30,
(dollars in thousands) | 2017 |  | 2016
Fair market value, beginning of period | $ | 18,087 |  |  | $ | 18,345 |
Fair market value, end of period | 17,024 |  |  | 16,123 |
Weighted average discount rate | 9.5 | % |  | 9.5 | %
Forecasted constant prepayment rate assumption | 16.1 |  |  | 16.5 |
Schedule of estimated amortization expense | Based on the core deposit premium and mortgage servicing rights held as of June 30, 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) | $ | 1,337 |  |  | $ | 1,293 |  |  | $ | 2,630 |
2018 | 2,006 |  |  | 2,148 |  |  | 4,154 |
2019 | — |  |  | 1,767 |  |  | 1,767 |
2020 | — |  |  | 1,448 |  |  | 1,448 |
2021 | — |  |  | 1,201 |  |  | 1,201 |
2022 | — |  |  | 1,039 |  |  | 1,039 |
Thereafter | — |  |  | 7,036 |  |  | 7,036 |
| $ | 3,343 |  |  | $ | 15,932 |  |  | $ | 19,275 |

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- Definition 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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