XML 73 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2012
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 December 31 in the following table:

 

    2012     Weighted   2011     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   $ 9,716     $ (7,964 )   $ 1,752     1.3 years   $ 9,716     $ (6,575 )   $ 3,141     2.3 years
Other identifiable intangibles     8,611       (7,200 )     1,411     3.1 years     8,301       (6,708 )     1,593     3.5 years
Total amortizing intangible assets   $ 18,327     $ (15,164 )   $ 3,163         $ 18,017     $ (13,283 )   $ 4,734      
                                                         
Goodwill   $ 84,808             $ 84,808         $ 76,816             $ 76,816
Net carrying amount of goodwill by segment

The following table presents the net carrying amount of goodwill by segment for the periods indicated:

 

    Community           Investment        
(In thousands)   Banking     Insurance     Management     Total  
Balance December 31, 2010   $ 62,636     $ 5,191     $ 8,989     $ 76,816  
No activity     -       -       -       -  
Balance December 31, 2011     62,636       5,191       8,989       76,816  
CommerceFirst Acquisition     7,992       -       -       7,992  
Balance December 31, 2012   $ 70,628     $ 5,191     $ 8,989     $ 84,808  
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  
2013   $ 1,845  
2014     818  
2015     370  
2016     92  
2017     14  
Thereafter     24  
Total amortizing intangible assets   $ 3,163