XML 41 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Assets by Business Segment

A summary of the Company’s goodwill assets by reporting unit is presented in the following table:
(Dollars in thousands)
December 31,
2019
 
Goodwill
Acquired
 
Impairment
Loss
 
Goodwill Adjustments
 
September 30,
2020
Community banking
$
536,396

 
$

 
$

 
$

 
$
536,396

Specialty finance
39,451

 

 

 
(576
)
 
38,875

Wealth management
69,373

 

 

 

 
69,373

    Total
$
645,220

 
$

 
$

 
$
(576
)
 
$
644,644


Summary of Intangible Assets
A summary of intangible assets as of the dates shown and the expected amortization of finite-lived intangible assets as of September 30, 2020 is as follows:
(Dollars in thousands)
September 30,
2020
 
December 31,
2019
 
September 30,
2019
Community banking segment:
 
 
 
 
 
Core deposit intangibles with finite lives:
 
 
 
 
 
Gross carrying amount
$
55,206

 
$
55,206

 
$
48,791

Accumulated amortization
(31,209
)
 
(26,326
)
 
(24,628
)
    Net carrying amount
$
23,997

 
$
28,880

 
$
24,163

Trademark with indefinite lives:
 
 
 
 
 
Carrying amount
5,800

 
5,800

 
5,800

Total net carrying amount
$
29,797

 
$
34,680

 
$
29,963

Specialty finance segment:
 
 
 
 
 
Customer list intangibles with finite lives:
 
 
 
 
 
Gross carrying amount
$
1,962

 
$
1,965

 
$
1,962

Accumulated amortization
(1,624
)
 
(1,552
)
 
(1,526
)
    Net carrying amount
$
338

 
$
413

 
$
436

Wealth management segment:
 
 
 
 
 
Customer list and other intangibles with finite lives:
 
 
 
 
 
Gross carrying amount
$
20,430

 
$
20,430

 
$
20,430

Accumulated amortization
(11,895
)
 
(8,466
)
 
(7,172
)
    Net carrying amount
$
8,535

 
$
11,964

 
$
13,258

Total intangible assets:
 
 
 
 
 
Gross carrying amount
$
83,398

 
$
83,401

 
$
76,983

Accumulated amortization
(44,728
)
 
(36,344
)
 
(33,326
)
Total intangible assets, net
$
38,670

 
$
47,057

 
$
43,657


Summary of Intangible Assets
A summary of intangible assets as of the dates shown and the expected amortization of finite-lived intangible assets as of September 30, 2020 is as follows:
(Dollars in thousands)
September 30,
2020
 
December 31,
2019
 
September 30,
2019
Community banking segment:
 
 
 
 
 
Core deposit intangibles with finite lives:
 
 
 
 
 
Gross carrying amount
$
55,206

 
$
55,206

 
$
48,791

Accumulated amortization
(31,209
)
 
(26,326
)
 
(24,628
)
    Net carrying amount
$
23,997

 
$
28,880

 
$
24,163

Trademark with indefinite lives:
 
 
 
 
 
Carrying amount
5,800

 
5,800

 
5,800

Total net carrying amount
$
29,797

 
$
34,680

 
$
29,963

Specialty finance segment:
 
 
 
 
 
Customer list intangibles with finite lives:
 
 
 
 
 
Gross carrying amount
$
1,962

 
$
1,965

 
$
1,962

Accumulated amortization
(1,624
)
 
(1,552
)
 
(1,526
)
    Net carrying amount
$
338

 
$
413

 
$
436

Wealth management segment:
 
 
 
 
 
Customer list and other intangibles with finite lives:
 
 
 
 
 
Gross carrying amount
$
20,430

 
$
20,430

 
$
20,430

Accumulated amortization
(11,895
)
 
(8,466
)
 
(7,172
)
    Net carrying amount
$
8,535

 
$
11,964

 
$
13,258

Total intangible assets:
 
 
 
 
 
Gross carrying amount
$
83,398

 
$
83,401

 
$
76,983

Accumulated amortization
(44,728
)
 
(36,344
)
 
(33,326
)
Total intangible assets, net
$
38,670

 
$
47,057

 
$
43,657


Estimated Amortization
Estimated amortization
 
Actual in nine months ended September 30, 2020
$
8,384

Estimated remaining in 2020
2,634

Estimated—2021
7,692

Estimated—2022
6,135

Estimated—2023
4,670

Estimated—2024
3,263