XML 53 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents a roll forward of the Company's goodwill activity (in thousands):

 
2017
2016
 
 
 
Beginning balance
$
76,196

$
76,256

Adjustments to goodwill acquired in conjunction with the acquisition of AFB

(60
)
Ending balance
$
76,196

$
76,196

Schedule Of Core Deposit Intangibles
The Company believes that the customer relationships with the deposits acquired have an intangible value. In connection with acquisitions, the Company recorded a core deposit intangible, which represented the value that the acquiree had with their deposit customers. The fair value was estimated based on a discounted cash flow methodology that considered the type of deposit, estimated deposit retention, the cost of the deposit base and an alternate cost of funds. The following tables present the details of the Company's core deposit intangibles (in thousands):
 
2017
2016
 
 
 
Gross carrying amount
$
9,802

$
9,802

Accumulated amortization
(7,403
)
(6,863
)
 
$
2,399

$
2,939

 
 
 
Beginning balance
$
2,939

$
3,536

Amortization expense
(540
)
(597
)
Ending balance
$
2,399

$
2,939

Schedule of Estimated Future Amortization Expense for Core Deposits
The estimated amortization expense for core deposit intangible assets for each of the next five years is as follows (in thousands):

2018
$
506

2019
454

2020
416

2021
382

2022
296

Thereafter
345

 
$
2,399