GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Gross Carrying Amounts and Accumulated Amortization of Intangible Assets and Goodwill

The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table:

	September 30, 2020						Weighted Average Remaining Life	December 31, 2019						Weighted Average Remaining Life
(Dollars in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount			Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets:
Core deposit intangibles	$	29,038	$	(6,841)	$	22,197	8.7 years	$	10,678	$	(3,689)	$	6,989	8.0 years
Other identifiable intangibles	13,906		(1,928)		11,978		10.9 years	1,478		(626)		852		9.7 years
Total amortizing intangible assets	$	42,944	$	(8,769)	$	34,175		$	12,156	$	(4,315)	$	7,841
Goodwill	$	370,549			$	370,549		$	347,149			$	347,149

Net carrying amount of goodwill by segment

The amount of goodwill by reportable segment is presented in the following table:

(In thousands)	Community Banking		Insurance		Investment Management		Total
Balance December 31, 2019	$	331,173	$	6,788	$	9,188	$	347,149
Acquisition of Rembert Pendleton Jackson	—		—		22,559		22,559
Acquisition of Revere Bank	841		—		—		841
Balance September 30, 2020	$	332,014	$	6,788	$	31,747	$	370,549

Estimated Future Amortization Expense for Amortizing Intangibles

The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31:

(In thousands)	Amount
Remaining for 2020	$	1,654
2021	6,600
2022	5,845
2023	5,089
2024	4,333
Thereafter	10,654
Total amortizing intangible assets	$	34,175