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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets

A summary of the Company’s goodwill assets by business segment is presented in the following table:
(Dollars in thousands)
 
January 1,
2018
 
Goodwill
Acquired
 
Impairment
Loss
 
Goodwill Adjustments
 
December 31,
2018
Community banking
 
$
429,520

 
$
35,565

 
$

 
$

 
$
465,085

Specialty finance
 
40,250

 

 

 
(1,907
)
 
38,343

Wealth management
 
32,114

 
37,599

 

 

 
69,713

Total
 
$
501,884

 
$
73,164

 
$

 
$
(1,907
)
 
$
573,141



The community banking segment's goodwill increased $35.6 million in 2018 as a result of the acquisition of CSC and Veterans First. The specialty finance segment's goodwill decreased $1.9 million in 2018 as a result of foreign currency translation adjustments related to the Canadian acquisitions. The wealth management segment's goodwill increased $37.6 million in 2018 as a result of the acquisition of CDEC.

A summary of finite-lived intangible assets as of the dates shown and the expected amortization as of December 31, 2018 is as follows:
 
 
December 31,
(Dollars in thousands)
 
2018
 
2017
Community banking segment:
 
 
 
 
Core deposit and other intangibles:
 
 
 
 
Gross carrying amount
 
$
55,366

 
$
37,272

Accumulated amortization
 
(29,406
)
 
(25,427
)
Net carrying amount
 
$
25,960

 
$
11,845

Trademark with indefinite lives:
 
 
 
 
Carrying amount
 
5,800

 

Total net carrying amount
 
$
31,760

 
$
11,845

Specialty finance segment:
 
 
 
 
Customer list intangibles:
 
 
 
 
Gross carrying amount
 
$
1,958

 
$
1,972

Accumulated amortization
 
(1,436
)
 
(1,298
)
Net carrying amount
 
$
522

 
$
674

Wealth management segment:
 
 
 
 
Customer list and other intangibles:
 
 
 
 
Gross carrying amount
 
$
20,430

 
$
7,940

Accumulated amortization
 
(3,288
)
 
(2,838
)
Net carrying amount
 
$
17,142

 
$
5,102

Total other intangible assets, net
 
$
49,424

 
$
17,621


Estimated amortization for the year-ended:
  
2019
$
11,342

2020
9,582

2021
6,385

2022
4,957

2023
3,621



The core deposit intangibles recognized in connection with prior bank acquisitions are amortized over a ten-year period on an accelerated basis. The customer list intangibles recognized in connection with the purchase of life insurance premium finance assets in 2009 are being amortized over an 18-year period on an accelerated basis while the customer list intangibles recognized
in connection with prior acquisitions within the wealth management segment are being amortized over a period of up to ten-years on a straight-line basis.

Total amortization expense associated with finite-lived intangibles in 2018, 2017 and 2016 was $4.6 million, $4.4 million and $4.8 million, respectively.