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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
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 three and nine months ended September 30, 2018 and 2017:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(dollars in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

828,804

 

 

$

655,018

 

 

$

828,051

 

 

$

655,018

 

Acquisition adjustments

 

 

-

 

 

 

-

 

 

 

753

 

 

 

-

 

Balance at end of period

 

$

828,804

 

 

$

655,018

 

 

$

828,804

 

 

$

655,018

 

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

The gross carrying amount and accumulated amortization of other intangible assets at September 30, 2018 and December 31, 2017 were as follows:

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Carrying

 

 

Amortization

 

 

Carrying

 

(dollars in thousands)

 

Amount

 

 

and Impairment

 

 

Amount

 

September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit

 

$

90,083

 

 

$

(53,765

)

 

$

36,318

 

Customer trust relationships

 

 

16,547

 

 

 

(10,731

)

 

 

5,816

 

Total intangible assets

 

$

106,630

 

 

$

(64,496

)

 

$

42,134

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit

 

$

108,923

 

 

$

(62,874

)

 

$

46,049

 

Customer trust relationships

 

 

16,547

 

 

 

(9,533

)

 

 

7,014

 

Customer loan relationships

 

 

4,413

 

 

 

(4,380

)

 

 

33

 

Total intangible assets

 

$

129,883

 

 

$

(76,787

)

 

$

53,096

 

Schedule of Estimated Amortization Expense for Future Years

Estimated amortization expense for future years is as follows:

 

(dollars in thousands)

 

 

 

 

2018 remaining

 

$

3,116

 

2019

 

 

11,010

 

2020

 

 

8,672

 

2021

 

 

6,417

 

2022

 

 

4,595

 

Thereafter

 

 

8,324

 

Total

 

$

42,134