GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2022

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

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, 2022						December 31, 2021
	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	$	77,373	$	(62,556)	$	14,817	$	69,403	$	(60,316)	$	9,087
Other intangibles		119,263		(66,002)		53,261		116,799		(60,660)		56,139
Total amortizing intangibles	$	196,636	$	(128,558)	$	68,078	$	186,202	$	(120,976)	$	65,226

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

(000's omitted)
Jul - Dec 2022	$	7,609
2023		13,567
2024		11,482
2025		9,783
2026		8,685
Thereafter		16,952
Total	$	68,078

Shown below are the components of the Company’s goodwill at December 31, 2021 and June 30, 2022:

(000’s omitted)	December 31, 2021		Activity		June 30, 2022
Goodwill	$	799,109	$	50,704	$	849,813