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GOODWILL AND OTHER INTANGIBLES (Tables)
9 Months Ended
Sep. 30, 2012
Gross Amount and Accumulated Amortization of Other Intangible Assets

The following tables shows the gross amount and accumulated amortization of the Corporation’s intangible assets recognized as part of Other Assets in the consolidated statement of financial condition:

 

     As of
September 30,
2012
    As of
December 31,
2011
 

Core deposit intangible:

    

Gross amount

   $ 45,844     $ 45,844  

Accumulated amortization

     (35,921     34,155  
  

 

 

   

 

 

 

Net carrying amount

   $ 9,923     $ 11,689  
  

 

 

   

 

 

 

Remaining amortization period

     10.7 years        11.5 years   

Purchased credit card relationship intangible:

    

Gross amount

   $ 24,465     $ —     

Accumulated amortization

     (545     —     
  

 

 

   

 

 

 

Net carrying amount

   $ 23,920     $ —     
  

 

 

   

 

 

 

Remaining amortization period

     9.3 years        —