Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Intangible Assets

Intangible Assets

The details of the Bancorp’s intangible assets are shown in the following table:
		Gross Carrying	Accumulated	Net Carrying
($ in millions)		Amount	Amortization	Amount
As of September 30, 2019
Core deposit intangibles	$	229	(57)	172
Customer relationships		29	(5)	24
Non-compete agreements		13	(11)	2
Other		4	(1)	3
Total intangible assets	$	275	(74)	201
As of December 31, 2018
Core deposit intangibles	$	34	(30)	4
Customer relationships		32	(3)	29
Non-compete agreements		14	(11)	3
Other		7	(3)	4
Total intangible assets	$	87	(47)	40

Estimated Amortization Expense

Estimated amortization expense for the remainder of 2019 through 2023 is as follows:
($ in millions)		Total
Remainder of 2019	$	14
2020		48
2021		40
2022		32
2023		24