Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

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:

(In thousands)	December 31, 2020		Goodwill Acquired		Impairment Loss		Goodwill Adjustments		March 31, 2021
Community banking	$	536,396	$	—	$	—	$	—	$	536,396
Specialty finance	39,938		—		—		310		40,248
Wealth management	69,373		—		—		—		69,373
Total	$	645,707	$	—	$	—	$	310	$	646,017

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 March 31, 2021 is as follows:

(In thousands)	March 31, 2021		December 31, 2020		March 31, 2020
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206	$	55,206
Accumulated amortization	(34,099)		(32,680)		(28,024)
Net carrying amount	$	21,107	$	22,526	$	27,182
Trademark with indefinite lives:
Carrying amount	5,800		5,800		5,800
Total net carrying amount	$	26,907	$	28,326	$	32,982
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,968	$	1,966	$	1,956
Accumulated amortization	(1,665)		(1,644)		(1,574)
Net carrying amount	$	303	$	322	$	382
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	20,430	$	20,430	$	20,430
Accumulated amortization	(13,605)		(13,038)		(9,609)
Net carrying amount	$	6,825	$	7,392	$	10,821
Total intangible assets:
Gross carrying amount	$	83,404	$	83,402	$	83,392
Accumulated amortization	(49,369)		(47,362)		(39,207)
Total intangible assets, net	$	34,035	$	36,040	$	44,185

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 March 31, 2021 is as follows:

(In thousands)	March 31, 2021		December 31, 2020		March 31, 2020
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206	$	55,206
Accumulated amortization	(34,099)		(32,680)		(28,024)
Net carrying amount	$	21,107	$	22,526	$	27,182
Trademark with indefinite lives:
Carrying amount	5,800		5,800		5,800
Total net carrying amount	$	26,907	$	28,326	$	32,982
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,968	$	1,966	$	1,956
Accumulated amortization	(1,665)		(1,644)		(1,574)
Net carrying amount	$	303	$	322	$	382
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	20,430	$	20,430	$	20,430
Accumulated amortization	(13,605)		(13,038)		(9,609)
Net carrying amount	$	6,825	$	7,392	$	10,821
Total intangible assets:
Gross carrying amount	$	83,404	$	83,402	$	83,392
Accumulated amortization	(49,369)		(47,362)		(39,207)
Total intangible assets, net	$	34,035	$	36,040	$	44,185

Estimated Amortization

Estimated amortization
Actual in three months ended March 31, 2021	$	2,007
Estimated remaining in 2021	5,685
Estimated—2022	6,135
Estimated—2023	4,670
Estimated—2024	3,263
Estimated—2025	2,552