Goodwill and Other Intangibles (Tables)

9 Months Ended

Sep. 30, 2012

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the periods ended September 30, 2012 and December 31, 2011 by operating segment are as follows (in thousands):

	Bank			Institutional Investment Management		Asset Servicing		Total
Balances as of January 1, 2011	$	144,109		$	47,529	$	19,476	$	211,114
Balances as of December 31, 2011	$	144,109		$	47,529	$	19,476	$	211,114
Balances as of January 1, 2012	$	144,109		$	47,529	$	19,476	$	211,114
Goodwill disposals during period		(1,356	)		—		—		(1,356	)
Balances as of September 30, 2012	$	142,753		$	47,529	$	19,476	$	209,758

Intangible Assets Subject to Amortization

Following are the intangible assets that continue to be subject to amortization as of September 30, 2012 and December 31, 2011 (in thousands):

	As of September 30, 2012
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Core deposit intangible assets	$	36,497	$	29,984	$	6,513
Customer relationships		103,960		39,344		64,616
Other intangible assets		3,247		2,025		1,222
Total intangible assets	$	143,704	$	71,353	$	72,351
	As of December 31, 2011
Core deposit intangible assets	$	36,497	$	28,629	$	7,868
Customer relationships		105,544		30,645		74,899
Other intangible assets		3,247		1,683		1,564
Total intangible assets	$	145,288	$	60,957	$	84,331

Aggregate Amortization Expense Recognized

Following is the aggregate amortization expense recognized in each period (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Aggregate amortization expense	$	3,643	$	4,022	$	11,228	$	12,187

Estimated Amortization Expense of Intangible Assets

Estimated amortization expense of intangible assets on future years (in thousands):

For the three months ending December 31, 2012	$	3,547
For the year ending December 31, 2013		13,219
For the year ending December 31, 2014		12,146
For the year ending December 31, 2015		9,550
For the year ending December 31, 2016		8,342