GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

Gross Carrying Amount and Accumulated Amortization of Identifiable Intangible Assets

The gross carrying amount and accumulated amortization for each type of identifiable intangible asset are as follows:

	September 30, 2020						December 31, 2019
	Gross				Net		Gross				Net
	Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
(000's omitted)	Amount		Amortization		Amount		Amount		Amortization		Amount
Amortizing intangible assets:
Core deposit intangibles	$	69,403	$	(54,217)	$	15,186	$	66,475	$	(50,057)	$	16,418
Other intangibles		90,462		(49,183)		41,279		89,266		(42,571)		46,695
Total amortizing intangibles	$	159,865	$	(103,400)	$	56,465	$	155,741	$	(92,628)	$	63,113

Estimated Aggregate Amortization Expense for Each of Five Succeeding Fiscal Years

The estimated aggregate amortization expense for each of the five succeeding fiscal years ended December 31 is as follows:

	(000's omitted)
Oct - Dec 2020	$	3,525
2021		12,640
2022		10,844
2023		9,082
2024		7,551
Thereafter		12,823
Total	$	56,465

Components of Goodwill

Shown below are the components of the Company’s goodwill at December 31, 2019 and September 30, 2020:

(000’s omitted)	December 31, 2019		Activity		September 30, 2020
Goodwill, net	$	773,810	$	19,939	$	793,749