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Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
The following is a summary of other intangible assets included in the Consolidated Statements of Condition:
 
 
December 31, 2018
 
December 31, 2017
(Dollars in thousands)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
Core deposit intangibles (a)
 
$
157,150

 
$
(28,150
)
 
$
129,000

 
$
160,650

 
$
(8,176
)
 
$
152,474

Customer relationships
 
77,865

 
(55,597
)
 
22,268

 
77,865

 
(50,777
)
 
27,088

Other (b)
 
5,622

 
(1,856
)
 
3,766

 
5,622

 
(795
)
 
4,827

Total
 
$
240,637

 
$
(85,603
)
 
$
155,034

 
$
244,137

 
$
(59,748
)
 
$
184,389

 
(a)
2018 decrease in gross carrying amounts associated with the sale of two CBF branches and purchase accounting measurement period adjustments related to the CBF acquisition. See Note 2 - Acquisitions and Divestitures for additional information.
(b)
Balance primarily includes noncompete covenants, as well as $.3 million related to state banking licenses not subject to amortization.
Amortization expense was $25.9 million, $8.7 million, and $5.2 million for the years ended December 31, 2018, 2017 and 2016, respectively. As of December 31, 2018 the estimated aggregated amortization expense is expected to be:
 
(Dollars in thousands)
 
 
Year
 
Amortization
2019
 
$
24,835

2020
 
21,159

2021
 
19,547

2022
 
17,412

2023
 
16,117


Gross goodwill, accumulated impairments, and accumulated divestiture related write-offs were determined beginning January 1, 2012, when a change in accounting requirements resulted in goodwill being assessed for impairment rather than being amortized. Gross goodwill of $200.0 million with accumulated impairments and accumulated divestiture-related write-offs of $114.1 million and $85.9 million, respectively, were previously allocated to the non-strategic segment, resulting in $0 net goodwill allocated to the non-strategic segment as of December 31, 2018, 2017 and 2016. The regional banking and fixed income segments do not have any accumulated impairments or divestiture related write-offs. The following is a summary of goodwill by reportable segment included in the Consolidated Statements of Condition as of December 31, 2018, 2017 and 2016.
 
(Dollars in thousands)
 
Regional
Banking
 
Fixed
Income
 
Total
December 31, 2015
 
$
93,303

 
$
98,004

 
$
191,307

Additions (a)
 
64

 

 
64

December 31, 2016
 
$
93,367

 
$
98,004

 
$
191,371

Additions (a)
 
1,150,518

 
44,964

 
1,195,482

December 31, 2017
 
$
1,243,885

 
$
142,968

 
$
1,386,853

Additions (a)
 
45,934

 

 
45,934

December 31, 2018
 
$
1,289,819

 
$
142,968

 
$
1,432,787

(a) See Note 2 - Acquisitions and Divestitures for further details regarding goodwill related to acquisitions.