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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill
Changes in the carrying amount of the Corporation's goodwill by business segment for the six months ended June 30, 2018 were as follows:
(Dollars in thousands)
Banking
 
Wealth Management
 
Insurance
 
Consolidated
Balance at December 31, 2017
$
138,476

 
$
15,434

 
$
18,649

 
$
172,559

Addition to goodwill from acquisitions

 

 

 

Balance at June 30, 2018
$
138,476

 
$
15,434

 
$
18,649

 
$
172,559

Components of Intangible Assets
The following table reflects the components of intangible assets at the dates indicated:
 
At June 30, 2018
 
At December 31, 2017
(Dollars in thousands)
Gross Carrying Amount
 
Accumulated Amortization and Fair Value Adjustments
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization and Fair Value Adjustments
 
Net Carrying Amount
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Covenants not to compete
$
710

 
$
710

 
$

 
$
710

 
$
580

 
$
130

Core deposit intangibles
6,788

 
2,663

 
4,125

 
6,788

 
2,135

 
4,653

Customer related intangibles
12,381

 
10,347

 
2,034

 
12,381

 
9,828

 
2,553

Servicing rights
16,543

 
9,893

 
6,650

 
15,855

 
9,282

 
6,573

Total amortized intangible assets
$
36,422

 
$
23,613

 
$
12,809

 
$
35,734

 
$
21,825

 
$
13,909

Estimated Aggregate Amortization Expense
The estimated aggregate amortization expense for core deposit and customer related intangibles for the remainder of 2018 and the succeeding fiscal years is as follows:
Year
(Dollars in thousands)
Amount
Remainder of 2018
 
$
937

2019
 
1,565

2020
 
1,200

2021
 
923

2022
 
666

Thereafter
 
868

The estimated amortization expense of servicing rights for the remainder of 2018 and the succeeding fiscal years is as follows:
Year
(Dollars in thousands)
Amount
Remainder of 2018
 
$
863

2019
 
769

2020
 
680

2021
 
601

2022
 
530

Thereafter
 
3,207

Changes in Mortgage Servicing Rights
Changes in the servicing rights balance are summarized as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(Dollars in thousands)
2018
 
2017
 
2018
 
2017
Beginning of period
$
6,605

 
$
6,502

 
$
6,573

 
$
6,485

Servicing rights capitalized
350

 
387

 
687

 
730

Amortization of servicing rights
(305
)
 
(341
)
 
(610
)
 
(667
)
End of period
$
6,650

 
$
6,548

 
$
6,650

 
$
6,548

Residential mortgage and SBA loans serviced for others
$
1,019,233

 
$
984,846

 
$
1,019,233

 
$
984,846