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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

The following is a summary of intangible assets:

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

 

(Dollars in thousands)

 

As of December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

17,447

 

 

$

(6,611

)

 

$

10,836

 

Customer relationship intangibles

 

 

5,699

 

 

 

(3,419

)

 

 

2,280

 

Mortgage servicing intangibles

 

 

473

 

 

 

(259

)

 

 

214

 

Total

 

$

23,619

 

 

$

(10,289

)

 

$

13,330

 

As of December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

20,333

 

 

$

(7,586

)

 

$

12,747

 

Customer relationship intangibles

 

 

5,699

 

 

 

(3,061

)

 

 

2,638

 

Mortgage servicing intangibles

 

 

538

 

 

 

(228

)

 

 

310

 

Total

 

$

26,570

 

 

$

(10,875

)

 

$

15,695

 

 

Estimated Amortization of Intangible Assets

Estimated amortization of intangible assets for the next five years, as of December 31, 2016, is as follows (dollars in thousands):

 

Estimated Amortization

 

 

 

 

2017

 

$

2,213

 

2018

 

 

2,213

 

2019

 

 

2,213

 

2020

 

 

2,101

 

2021

 

 

1,270

 

 

Summary of Goodwill by Business Segment

The following is a summary of goodwill by business segment:

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Executive,

 

 

 

 

 

 

 

Metropolitan

 

 

Community

 

 

Financial

 

 

Operations

 

 

 

 

 

 

 

Banks

 

 

Banks

 

 

Services

 

 

& Support

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

Year Ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning  and end of period

 

$

8,078

 

 

$

40,050

 

 

$

5,464

 

 

$

450

 

 

$

54,042

 

Year Ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

8,078

 

 

$

30,970

 

 

$

5,464

 

 

$

450

 

 

$

44,962

 

Acquisitions

 

 

 

 

 

9,448

 

 

 

 

 

 

 

 

 

9,448

 

Impairment

 

 

 

 

 

(368

)

 

 

 

 

 

 

 

 

(368

)

Balance at end of period

 

$

8,078

 

 

$

40,050

 

 

$

5,464

 

 

$

450

 

 

$

54,042