XML 37 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Goodwill Carrying Amounts By Operating Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Community

 

Insurance

 

 

 

 

Banking

 

Agencies

 

Total

 

 

 

 

 

 

 

 

 

(In thousands)

Balance as of December 31, 2014

 

$      217,618

 

$     73,880

 

$     291,498

Goodwill recorded during the period

 

 -

 

 -

 

 -

Balance as of March 31, 2015

 

$      217,618

 

$     73,880

 

$     291,498

 

Carrying Value And Accumulated Amortization Of Identifiable Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

As of

 

 

March 31, 2015

 

December 31, 2014

 

 

Gross Carrying

 

Accumulated

 

Gross Carrying

 

Accumulated

 

 

Amount

 

Amortization

 

Amount

 

Amortization

 

 

 

 

 

 

 

 

 

Amortized intangible assets:

 

(In thousands)

Core deposit intangibles

 

$          27,801

 

$          22,875

 

$          27,801

 

$          22,782

Customer relationship intangibles

 

49,639 

 

32,647 

 

49,639 

 

31,821 

Non-solicitation intangibles

 

1,650 

 

780 

 

1,650 

 

667 

Total

 

$          79,090

 

$          56,302

 

$          79,090

 

$          55,270

 

 

 

 

 

 

 

 

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

Trade names

 

$               688

 

$                    -

 

$               688

 

$                    -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

 

 

 

March 31,

 

 

 

 

 

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregate amortization expense for:

 

(In thousands)

 

 

 

 

Core deposit intangibles

 

$                93

 

$              137

 

 

 

 

Customer relationship intangibles

 

826 

 

834 

 

 

 

 

Non-solicitation intangibles

 

113 

 

87 

 

 

 

 

Total

 

$           1,032

 

$           1,058

 

 

 

 

 

Future Estimated Amortization Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer

 

Non-

 

 

 

 

Core Deposit

 

Relationship

 

Solicitation

 

 

 

 

Intangibles

 

Intangibles

 

Intangibles

 

Total

 

 

 

 

 

 

 

 

 

Estimated Amortization Expense:

 

(In thousands)

For year ending December 31, 2015

 

$              487

 

$           3,134

 

$              375

 

$           3,996

For year ending December 31, 2016

 

451 

 

2,673 

 

225 

 

3,349 

For year ending December 31, 2017

 

419 

 

2,380 

 

200 

 

2,999 

For year ending December 31, 2018

 

390 

 

2,009 

 

183 

 

2,582 

For year ending December 31, 2019

 

363 

 

1,689 

 

 -

 

2,052