XML 40 R29.htm IDEA: XBRL DOCUMENT v3.19.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Gross Carrying Amounts and Accumulated Amortization of Intangible Assets and Goodwill

 

 

 

June 30, 2019

 

Weighted

 

December 31, 2018

 

Weighted

 

 

 

Gross

 

 

 

 

Net

 

Average

 

Gross

 

 

 

 

Net

 

Average

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Remaining

 

Carrying

 

Accumulated

 

Carrying

 

Remaining

(Dollars in thousands)

 

Amount

 

Amortization

 

Amount

 

Life

 

Amount

 

Amortization

 

Amount

 

Life

Amortizing intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

10,678

 

$

(2,815)

 

$

7,863

 

8.5

years

 

$

10,678

 

$

(1,941)

 

$

8,737

 

9.0

years

Other identifiable intangibles

 

 

1,478

 

 

(528)

 

 

950

 

10.2

years

 

 

1,478

 

 

(427)

 

 

1,051

 

10.6

years

 

Total amortizing intangible assets

 

$

12,156

 

$

(3,343)

 

$

8,813

 

 

 

 

$

12,156

 

$

(2,368)

 

$

9,788

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

347,149

 

 

 

 

$

347,149

 

 

 

 

$

347,149

 

 

 

 

$

347,149

 

 

 

Net carrying amount of goodwill by segment

 

 

 

 

Community

 

 

 

 

 

Investment

 

 

 

 

(Dollars in thousands)

 

 

Banking

 

 

Insurance

 

 

Management

 

 

Total

 

Balance December 31, 2018

 

$

331,173

 

$

6,788

 

$

9,188

 

$

347,149

 

No Activity

 

 

-

 

 

-

 

 

-

 

 

-

 

Balance June 30, 2019

 

$

331,173

 

$

6,788

 

$

9,188

 

$

347,149

Estimated Future Amortization Expense for Amortizing Intangibles

(In thousands)

 

Amount

2019

 

$

969

2020

 

 

1,720

2021

 

 

1,507

2022

 

 

1,295

Thereafter

 

 

3,322

 

Total amortizing intangible assets

 

$

8,813