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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
GOODWILL AND OTHER INTANGIBLE ASSETS
The Company's annual goodwill impairment test was performed as of October 1, 2018. It was determined that no impairment existed as of that date or as of December 31, 2018. For a discussion of the accounting policies for goodwill and other intangible assets, see Note 1, "Summary of Significant Accounting Policies."
The following table presents changes in the carrying amount of goodwill for the years ended December 31, 2018, 2017, and 2016.
Changes in the Carrying Amount of Goodwill
(Dollar amounts in thousands)
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
Beginning balance
 
$
697,608

 
$
340,879

 
$
319,007

Acquisitions
 
31,201

 
356,729

 
21,872

Ending balance
 
$
728,809

 
$
697,608

 
$
340,879


The increase in goodwill for the year ended December 31, 2018 resulted from the Northern States acquisition and measurement period adjustment related to finalizing the fair values of the assets acquired and liabilities assumed in the Premier acquisition. During the year ended December 31, 2017 the increase resulted from the Standard and Premier acquisitions and measurement period adjustments related to the NI Bancshares acquisition. During the year ended December 31, 2016, the increase in goodwill resulted from the NI Bancshares acquisition and measurement period adjustments related to the Peoples Bancorp, Inc. acquisition. See Note 3, "Acquisitions," for additional detail regarding transactions completed in 2018 and 2017.
The Company's other intangible assets consist of core deposit intangibles and trust department customer relationship intangibles, which are being amortized over their estimated useful lives. Other intangible assets are subject to impairment testing when events or circumstances indicate that its carrying amount may not be recoverable. The increase in other intangible assets for the year ended December 31, 2018 resulted from the Northern States acquisition. The increase in other intangible assets for the year ended December 31, 2017 resulted from the Standard and Premier acquisitions. During 2018 there were no events or circumstances to indicate impairment.
Other Intangible Assets
(Dollar amounts in thousands)
 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
 
 
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated
Amortization
 
Net
Beginning balance
 
$
97,976

 
$
40,827

 
$
57,149

 
$
58,959

 
$
32,962

 
$
25,997

 
$
48,550

 
$
28,280

 
$
20,270

Additions
 
12,230

 

 
12,230

 
39,017

 

 
39,017

 
10,409

 

 
10,409

Amortization expense
 

 
7,444

 
(7,444
)
 

 
7,865

 
(7,865
)
 

 
4,682

 
(4,682
)
Ending balance
 
$
110,206

 
$
48,271

 
$
61,935

 
$
97,976

 
$
40,827

 
$
57,149

 
$
58,959

 
$
32,962

 
$
25,997

Weighted-average remaining life (in years)
 
7.8

 
 

 
 

 
8.3

 
 

 
 

 
7.6

Estimated remaining useful lives (in years)
 
0.7 to 9.8

 
 

 
 

 
0.2 to 9.3

 
 

 
 

 
0.6 to 9.3


Scheduled Amortization of Other Intangible Assets
(Dollar amounts in thousands)
 
 
Total
Year Ending December 31,
 
 
2019
 
$
8,296

2020
 
8,246

2021
 
8,170

2022
 
8,090

2023
 
7,713

2024 and thereafter
 
21,420

Total
 
$
61,935