Goodwill and Other Acquisition-Related Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

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, 2021		Goodwill Acquired		Impairment Loss		Goodwill Adjustments		March 31, 2022
Community banking	$	545,671	$	—	$	—	$	—	$	545,671
Specialty finance	40,105		—		—		253		40,358
Wealth management	69,373		—		—		—		69,373
Total	$	655,149	$	—	$	—	$	253	$	655,402

Summary of Infinite-Lived Intangible Assets

A summary of acquisition-related intangible assets as of the dates shown and the expected amortization of finite-lived acquisition-related intangible assets as of March 31, 2022 is as follows:

(In thousands)	March 31, 2022		December 31, 2021		March 31, 2021
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206	$	55,206
Accumulated amortization	(39,243)		(38,067)		(34,099)
Net carrying amount	$	15,963	$	17,139	$	21,107
Trademark with indefinite lives:
Carrying amount	5,800		5,800		5,800
Total net carrying amount	$	21,763	$	22,939	$	26,907
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,968	$	1,967	$	1,968
Accumulated amortization	(1,738)		(1,721)		(1,665)
Net carrying amount	$	230	$	246	$	303
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	20,430	$	20,430	$	20,430
Accumulated amortization	(15,724)		(15,308)		(13,605)
Net carrying amount	$	4,706	$	5,122	$	6,825
Total acquisition-related intangible assets:
Gross carrying amount	$	83,404	$	83,403	$	83,404
Accumulated amortization	(56,705)		(55,096)		(49,369)
Total other acquisition-related intangible assets, net	$	26,699	$	28,307	$	34,035

Summary of Finite-Lived Intangible Assets

A summary of acquisition-related intangible assets as of the dates shown and the expected amortization of finite-lived acquisition-related intangible assets as of March 31, 2022 is as follows:

(In thousands)	March 31, 2022		December 31, 2021		March 31, 2021
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206	$	55,206
Accumulated amortization	(39,243)		(38,067)		(34,099)
Net carrying amount	$	15,963	$	17,139	$	21,107
Trademark with indefinite lives:
Carrying amount	5,800		5,800		5,800
Total net carrying amount	$	21,763	$	22,939	$	26,907
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,968	$	1,967	$	1,968
Accumulated amortization	(1,738)		(1,721)		(1,665)
Net carrying amount	$	230	$	246	$	303
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	20,430	$	20,430	$	20,430
Accumulated amortization	(15,724)		(15,308)		(13,605)
Net carrying amount	$	4,706	$	5,122	$	6,825
Total acquisition-related intangible assets:
Gross carrying amount	$	83,404	$	83,403	$	83,404
Accumulated amortization	(56,705)		(55,096)		(49,369)
Total other acquisition-related intangible assets, net	$	26,699	$	28,307	$	34,035

Estimated Amortization

Estimated amortization
Actual in three months ended March 31, 2022	$	1,609
Estimated remaining in 2022	4,502
Estimated—2023	4,658
Estimated—2024	3,259
Estimated—2025	2,552
Estimated—2026	1,954