XML 87 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Intangible Assets With Estimable Useful Lives
The following table presents information about the Company's intangible assets which have estimable useful lives.
 
 
December 31, 2013
 
December 31, 2012
(In thousands)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Valuation Allowance
 
 Net Amount
 
Gross Carrying Amount
 
 Accumulated Amortization
 
Valuation Allowance
 
Net Amount
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Core deposit premium
 
$
31,270

 
$
(22,781
)
 
$

 
$
8,489

 
$
25,720

 
$
(20,892
)
 
$

 
$
4,828

Mortgage servicing rights
 
3,430

 
(2,567
)
 
(84
)
 
779

 
3,132

 
(2,267
)
 
(393
)
 
472

Total
 
$
34,700

 
$
(25,348
)
 
$
(84
)
 
$
9,268

 
$
28,852

 
$
(23,159
)
 
$
(393
)
 
$
5,300

Schedule Of Goodwill Allocated By Operating Segments
The carrying amount of goodwill and its allocation among segments at December 31, 2013 and 2012 is shown in the table below. As a result of ongoing assessments, no impairment of goodwill was recorded in 2013, 2012 or 2011. Further, the regular annual review on January 1, 2014 revealed no impairment as of that date.
(In thousands)
December 31, 2013
December 31, 2012
Consumer segment
$
70,721

$
67,765

Commercial segment
67,454

57,074

Wealth segment
746

746

Total goodwill
$
138,921

$
125,585

Schedule Of Changes In Carrying Amount Of Goodwill And Net Other Intangible Assets
Changes in the net carrying amount of goodwill and other net intangible assets for the years ended December 31, 2013 and 2012 are shown in the following table.
(In thousands)
Goodwill
Core Deposit Premium
Mortgage Servicing Rights
Balance at December 31, 2011
$
125,585

$
6,970

$
744

Originations


35

Amortization

(2,142
)
(341
)
Impairment reversal


34

Balance at December 31, 2012
125,585

4,828

472

Summit acquisition
13,336

5,550


Originations


298

Amortization

(1,889
)
(300
)
Impairment reversal


309

Balance at December 31, 2013
$
138,921

$
8,489

$
779

Schedule of Estimated Annual Amortization Expense
The following table shows the estimated future amortization expense based on existing asset balances and the interest rate environment as of December 31, 2013. The Company’s actual amortization expense in any given period may be different from the estimated amounts depending upon the acquisition of intangible assets, changes in mortgage interest rates, prepayment rates and other market conditions.
(In thousands)
 
2014
$
1,999

2015
1,609

2016
1,246

2017
921

2018
688