GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2020

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS [Abstract]

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

NOTE F:  GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

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

	June 30, 2020							December 31, 2019
(000’s omitted)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing intangible assets:
Core deposit intangibles	$	69,403	$	(52,838	)	$	16,565	$	66,475	$	(50,057	)	$	16,418
Other intangibles		90,462		(46,981	)		43,481		89,266		(42,571	)		46,695
Total amortizing intangibles	$	159,865	$	(99,819	)	$	60,046	$	155,741	$	(92,628	)	$	63,113

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

(000’s omitted)
Jul - Dec 2020	$	7,106
2021		12,640
2022		10,844
2023		9,082
2024		7,551
Thereafter		12,823
Total	$	60,046

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

(000’s omitted)	December 31, 2019		Activity		June 30, 2020
Goodwill, net	$	773,810	$	18,905	$	792,715