Goodwill by business segment |
A rollforward of goodwill by business segment for the years ended December 31, 2015 and 2014, is presented in the table below: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Retail & | | | | | | | | | | | | Business | | Commercial | | | | | | Home | | Treasury/ | | Huntington | (dollar amounts in thousands) | Banking | | Banking | | AFCRE | | RBHPCG | | Lending | | Other | | Consolidated | Balance, January 1, 2014 | $ | 286,824 |
| | $ | 22,108 |
| | $ | — |
| | $ | 93,012 |
| | $ | — |
| | $ | 42,324 |
| | $ | 444,268 |
| Goodwill acquired during the period | 81,273 |
| | — |
| | — |
| | — |
| | — |
| | — |
| | 81,273 |
| Adjustments | — |
| | 37,486 |
| | — |
| | (3,000 | ) | | 3,000 |
| | (37,486 | ) | | — |
| Impairment | — |
| | — |
| | — |
| | — |
| | (3,000 | ) | | — |
| | (3,000 | ) | Balance, December 31, 2014 | 368,097 |
| | 59,594 |
| | — |
| | 90,012 |
| | — |
| | 4,838 |
| | 522,541 |
| Goodwill acquired during the period | — |
| | 155,828 |
| | — |
| | — |
| | — |
| | — |
| | 155,828 |
| Adjustments | — |
| | — |
| | — |
| | (1,500 | ) | | — |
| | — |
| | (1,500 | ) | Impairment | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| Balance, December 31, 2015 | $ | 368,097 |
| | $ | 215,422 |
| | $ | — |
| | $ | 88,512 |
| | $ | — |
| | $ | 4,838 |
| | $ | 676,869 |
|
|
Summary of other intangible assets |
At December 31, 2015 and 2014, Huntington’s other intangible assets consisted of the following: | | | | | | | | | | | | | (dollar amounts in thousands) | Gross Carrying Amount | | Accumulated Amortization | | Net Carrying Value | December 31, 2015 | | | | | | Core deposit intangible | $ | 400,058 |
| | $ | (384,606 | ) | | $ | 15,452 |
| Customer relationship | 116,094 |
| | (76,656 | ) | | 39,438 |
| Other | 25,164 |
| | (25,076 | ) | | 88 |
| Total other intangible assets | $ | 541,316 |
| | $ | (486,338 | ) | | $ | 54,978 |
| December 31, 2014 | | | | | | Core deposit intangible | $ | 400,058 |
| | $ | (366,907 | ) | | $ | 33,151 |
| Customer relationship | 107,920 |
| | (66,534 | ) | | 41,386 |
| Other | 25,164 |
| | (25,030 | ) | | 134 |
| Total other intangible assets | $ | 533,142 |
| | $ | (458,471 | ) | | $ | 74,671 |
|
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