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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

The following table shows the changes in the carrying amount of goodwill by segment for the three months ended March 31, 2015 and 2014:

 

(dollars in thousands)

   Banking      Insurance      Other      Total  

Balance at January 1, 2015

   $ 490,972       $ 39,873       $ —         $ 530,845   

Goodwill acquired during the period

     55,969         1,090         —           57,059   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at March 31, 2015

$ 546,941    $ 40,963    $ —      $ 587,904   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at January 1, 2014

$ 312,856    $ 39,873    $ —      $ 352,729   

Goodwill acquired during the period

  —        —        —        —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at March 31, 2014

$ 312,856    $ 39,873    $ —      $ 352,729   
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets

The gross carrying amount and accumulated amortization of other intangible assets at March 31, 2015 and December 31, 2014 was as follows:

 

(dollars in thousands)

   Gross Carrying
Amount
     Accumulated
Amortization
and Impairment
     Net Carrying
Amount
 

March 31, 2015

        

Amortized intangible assets:

        

Core deposit

   $ 60,103       $ (38,833    $ 21,270   

Customer business relationships

     30,552         (21,915      8,637   

Customer trust relationships

     16,547         (3,853      12,694   

Customer loan relationships

     4,413         (3,276      1,137   
  

 

 

    

 

 

    

 

 

 

Total intangible assets

$ 111,615    $ (67,877 $ 43,738   
  

 

 

    

 

 

    

 

 

 

December 31, 2014

Amortized intangible assets:

Core deposit

$ 57,149    $ (36,950 $ 20,199   

Customer business relationships

  27,942      (21,438   6,504   

Customer trust relationships

  13,986      (3,232   10,754   

Customer loan relationships

  4,413      (3,176   1,237   
  

 

 

    

 

 

    

 

 

 

Total intangible assets

$ 103,490    $ (64,796 $ 38,694   
  

 

 

    

 

 

    

 

 

 
Schedule of Estimated Amortization Expense for Future Years

Estimated amortization expense for future years is as follows:

 

(dollars in thousands)

      

2015 remaining

   $ 8,619   

2016

     9,825   

2017

     7,547   

2018

     5,786   

2019

     4,347   

Thereafter

     7,614   
  

 

 

 

Total

$ 43,738