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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
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 for the six months ended June 30, 2017 and 2016:

 

(dollars in thousands)

   2017      2016  

Balance at January 1,

   $ 655,018      $ 584,634  

Acquisitions

     —          111,852  

Divestitures

     —          (40,963
  

 

 

    

 

 

 

Balance at June 30,

   $ 655,018      $ 655,523  
  

 

 

    

 

 

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

The gross carrying amount and accumulated amortization of other intangible assets at June 30, 2017 and December 31, 2016 were as follows:

 

(dollars in thousands)

   Gross
Carrying
Amount
     Accumulated
Amortization
and Impairment
     Net
Carrying
Amount
 

June 30, 2017

        

Amortized intangible assets:

        

Core deposit

   $ 81,663      $ (57,906    $ 23,757  

Customer trust relationships

     16,547        (8,662      7,885  

Customer loan relationships

     4,413        (4,179      234  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 102,623      $ (70,747    $ 31,876  
  

 

 

    

 

 

    

 

 

 

December 31, 2016

        

Amortized intangible assets:

        

Core deposit

   $ 81,663      $ (53,214    $ 28,449  

Customer trust relationships

     16,547        (7,753      8,794  

Customer loan relationships

     4,413        (3,979      434  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 102,623      $ (64,946    $ 37,677  
  

 

 

    

 

 

    

 

 

 

Schedule of Estimated Amortization Expense for Future Years

Estimated amortization expense for future years is as follows:

 

(dollars in thousands)

      

2017 remaining

   $ 5,214  

2018

     8,687  

2019

     6,737  

2020

     4,883  

2021

     3,111  

Thereafter

     3,244  
  

 

 

 

Total

   $ 31,876