Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes to the carrying amount of goodwill by reporting unit for the nine months ended September 30, 2019 are provided in the following table. There were no changes to the carrying amount of goodwill during the year ended December 31, 2018.



(in thousands)	Synovus Bank Reporting Unit		Trust Services Reporting Unit		Total
Balance as of December 31, 2018	$	32,884	$	24,431	$	57,315
Goodwill acquired during the year (preliminary allocation) and adjustments	430,550		—		430,550
Balance as of September 30, 2019	$	463,434	$	24,431	$	487,865

Schedule of Other Intangible Assets

The following table shows the gross carrying amount and accumulated amortization of other intangible assets as of September 30, 2019 and December 31, 2018, which primarily consist of core deposit intangible assets acquired in the FCB acquisition. Core deposit intangible assets were $49.6 million at September 30, 2019. The CDI is being amortized over its estimated useful life of approximately ten years utilizing an accelerated method. Amortization expense recognized on intangible assets for the three and nine months ended September 30, 2019, was $2.9 million and $8.7 million, respectively. Amortization expense recognized on intangible assets for the three and nine months ended September 30, 2018 was $292 thousand and $875 thousand, respectively.



(in thousands)	September 30, 2019			December 31, 2018
Other intangible assets, gross carrying amount	$	70,328		$	12,928
Other intangible assets, accumulated amortization	(11,756		)	(3,053		)
Other intangible assets, net carrying amount	$	58,572		$	9,875