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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

28,963

 

 

$

(11,366

)

 

$

17,597

 

Customer relationship intangibles

 

 

3,350

 

 

 

(2,741

)

 

 

609

 

Total

 

$

32,313

 

 

$

(14,107

)

 

$

18,206

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

33,411

 

 

$

(15,076

)

 

$

18,335

 

Customer relationship intangibles

 

 

3,350

 

 

 

(2,686

)

 

 

664

 

Total

 

$

36,761

 

 

$

(17,762

)

 

$

18,999

 

 

Summary of Goodwill by Business Segment

The following is a summary of goodwill by business segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

Executive,

 

 

 

 

 

 

 

Metropolitan

 

 

Community

 

 

Pegasus

 

 

Financial

 

 

Operations

 

 

 

 

 

 

 

Banks

 

 

Banks

 

 

Bank

 

 

Services

 

 

& Support

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

Three months ended March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning and end of period

 

$

13,767

 

 

$

61,212

 

 

$

68,855

 

 

$

5,464

 

 

$

624

 

 

$

149,922