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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
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 years ended December 31, 2019 and 2018 were as follows:
(Dollars in thousands)BankingWealth ManagementInsuranceConsolidated
Balance at December 31, 2017$138,476  $15,434  $18,649  $172,559  
Addition to goodwill from acquisitions—  —  —  —  
Balance at December 31, 2018138,476  15,434  18,649  172,559  
Addition to goodwill from acquisitions—  —  —  —  
Balance at December 31, 2019$138,476  $15,434  $18,649  $172,559  
Components of Intangible Assets
The following table reflects the components of intangible assets at the dates indicated:
At December 31, 2019At December 31, 2018
(Dollars in thousands)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortized intangible assets:
Covenants not to compete$—  $—  $—  $710  $710  $—  
Core deposit intangibles6,788  4,026  2,762  6,788  3,143  3,645  
Customer related intangibles8,819  7,923  896  12,381  10,804  1,577  
Servicing rights19,160  12,534  6,626  17,314  10,546  6,768  
Total amortized intangible assets$34,767  $24,483  $10,284  $37,193  $25,203  $11,990  
Estimated Aggregate Amortization Expense
The estimated aggregate amortization expense for core deposit and customer-related intangibles for each of the five succeeding fiscal years and thereafter follows:
Year(Dollars in thousands)Amount
2020$1,200  
2021923  
2022666  
2023409  
2024267  
Thereafter193  
Changes in Servicing Rights
Changes in the servicing rights balance are summarized as follows:
 For the Years Ended December 31,
(Dollars in thousands)201920182017
Beginning of period$6,768  $6,573  $6,485  
Servicing rights capitalized1,787  1,458  1,487  
Amortization of servicing rights(1,929) (1,263) (1,399) 
End of period$6,626  $6,768  $6,573  
Loans serviced for others$1,080,905  $1,031,506  $1,008,123  
Estimated Amortization Expense of Servicing Rights
The estimated amortization expense of servicing rights for each of the five succeeding fiscal years and thereafter is as follows:
Year(Dollars in thousands)Amount
2020$1,173  
2021979  
2022814  
2023674  
2024557  
Thereafter2,429