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Goodwill And Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Carrying Amount Of Goodwill And Intangible Assets

The carrying amount of goodwill and intangible assets attributable to each of our reporting segments is presented in the following table (in thousands):

 

 

December 31, 2014

 

 

Net Additions

 

 

Impairment Losses

 

 

June 30, 2015

 

Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

177,171

 

 

$

85,626

 

 

$

 

 

$

262,797

 

Institutional Group

 

 

617,855

 

 

 

5,359

 

 

 

 

 

623,214

 

 

 

$

795,026

 

 

$

90,985

 

 

$

 

 

$

886,011

 

 

 

 

 

December 31, 2014

 

 

Net Additions

 

 

Amortization

 

 

June 30, 2015

 

Intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Wealth Management

 

$

23,503

 

 

$

9,868

 

 

$

(1,582

)

 

$

31,789

 

Institutional Group

 

 

31,060

 

 

 

 

 

 

(2,091

)

 

 

28,969

 

 

 

$

54,563

 

 

$

9,868

 

 

$

(3,673

)

 

$

60,758

 

 

Intangible Assets Subject To Amortization

Intangible assets subject to amortization as of June 30, 2015 and December 31, 2014 were as follows (in thousands):

 

 

June 30, 2015

 

 

December 31,

2014

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

Customer relationships

 

$

71,649

 

 

$

32,217

 

 

$

63,661

 

 

$

29,636

 

Trade name

 

 

23,303

 

 

 

6,030

 

 

 

21,423

 

 

 

5,322

 

Investment banking backlog

 

 

7,388

 

 

 

7,388

 

 

 

7,388

 

 

 

7,388

 

Core deposits

 

 

5,447

 

 

 

4,797

 

 

 

5,447

 

 

 

4,657

 

Non-compete agreements

 

 

1,484

 

 

 

200

 

 

 

1,484

 

 

 

120

 

 

 

$

109,271

 

 

$

50,632

 

 

$

99,403

 

 

$

47,123

 

 

 

Amortization Expense In Future Periods

As of June 30, 2015, we expect amortization expense in future periods to be as follows (in thousands):

Fiscal year

 

 

 

 

Remainder of 2015

 

$

4,339

 

2016

 

 

7,706

 

2017

 

 

7,087

 

2018

 

 

6,368

 

2019

 

 

6,162

 

Thereafter

 

 

26,977

 

 

 

$

58,639