XML 63 R46.htm IDEA: XBRL DOCUMENT
v3.10.0.1

OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of changes in other intangible assets | The following table presents changes in our core deposit premium and mortgage servicing rights for the periods presented:
| Core Deposit Premium |  | Mortgage Servicing Rights |  | Total
| (Dollars in thousands)
Balance as of December 31, 2015 | $ | 7,355 |  |  | $ | 17,797 |  |  | $ | 25,152 |
Additions | — |  |  | 3,048 |  |  | 3,048 |
Amortization | (2,675 | ) |  | (5,066 | ) |  | (7,741 | )
Balance as of December 31, 2016 | $ | 4,680 |  |  | $ | 15,779 |  |  | $ | 20,459 |
Additions | — |  |  | 2,352 |  |  | 2,352 |
Amortization | (2,674 | ) |  | (2,288 | ) |  | (4,962 | )
Balance as of December 31, 2017 | $ | 2,006 |  |  | $ | 15,843 |  |  | $ | 17,849 |
Additions | — |  |  | 1,612 |  |  | 1,612 |
Amortization | (2,006 | ) |  | (1,859 | ) |  | (3,865 | )
Balance as of December 31, 2018 | $ | — |  |  | $ | 15,596 |  |  | $ | 15,596 |
Schedule of gross carrying value and accumulated amortization related to intangible assets | The gross carrying value, accumulated amortization, and net carrying value related to our core deposit premium and mortgage servicing rights as of December 31, 2018 and 2017 are presented below:
| December 31, 2018 |  | December 31, 2017
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
| (Dollars in thousands)
Core deposit premium | $ | 44,642 |  |  | $ | (44,642 | ) |  | $ | — |  |  | $ | 44,642 |  |  | $ | (42,636 | ) |  | $ | 2,006 |
Mortgage servicing rights | 66,013 |  |  | (50,417 | ) |  | 15,596 |  |  | 64,401 |  |  | (48,558 | ) |  | 15,843 |
Total | $ | 110,655 |  |  | $ | (95,059 | ) |  | $ | 15,596 |  |  | $ | 109,043 |  |  | $ | (91,194 | ) |  | $ | 17,849 |
Schedule of estimated amortization expense | Based on our mortgage servicing rights held as of December 31, 2018, estimated amortization expense for the next five succeeding fiscal years and all years thereafter are as follows (dollars in thousands):
Year Ending December 31: |
2019 | $ | 1,615 |
2020 | 1,315 |
2021 | 1,100 |
2022 | 931 |
2023 | 781 |
Thereafter | 9,854 |
Total | $ | 15,596 |
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:
| Year Ended December 31,
| 2018 |  | 2017
| (Dollars in thousands)
Fair market value, beginning of period | $ | 17,161 |  |  | $ | 18,087 |
Fair market value, end of period | 17,696 |  |  | 17,161 |
Weighted average discount rate | 9.5 | % |  | 9.5 | %
Weighted average prepayment speed assumption | 14.5 | % |  | 16.0 | %

X
- Definition Tabular disclosure of the changes in finite-lived intangible assets. + References No definition available. + Details
Name: | cpf_ScheduleOfFiniteLivedIntangibleAssetsRollForwardTableTextBlock
Namespace Prefix: | cpf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration