Goodwill and other intangibles

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and other intangibles

Goodwill and other intangibles. The summary of changes in goodwill is as follows.

	Title	Ancillary Services and Corporate	Consolidated Total
		($000 omitted)
Balances at December 31, 2019	243,161	5,729	248,890
Acquisitions	1,056	29,911	30,967
Balances at June 30, 2020	244,217	35,640	279,857

During the second quarter 2020, the Company recorded goodwill of $29.9 million under the ancillary services and corporate segment relating to its acquisition of a national appraisal management company providing residential property appraisals for mortgage lenders. This goodwill adjustment was based on management's preliminary purchase accounting, which is expected to be finalized during the third quarter 2020. Also, during the first quarter 2020, the Company acquired several title offices which generated a combined goodwill of $1.1 million under the title segment.