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GOODWILL AND OTHER INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and other Intangible Assets [Abstract]  
Gross Amount and Accumulated Amortization of Other Intangible Assets [Table Text Block]
The following table shows the gross amount and accumulated amortization of the Corporation’s intangible assets recognized as part of Other Assets in the consolidated statements of financial condition:
As of
December 31,
2018 2017
(Dollars in thousands)
Core deposit intangible:
Gross amount$51,664$51,664
Accumulated amortization (1)(47,329)(46,186)
Net carrying amount$4,335$5,478
Remaining amortization period6.0 years7.0 years
Purchased credit card relationship intangible:
Gross amount$24,465$24,465
Accumulated amortization (2)(18,763)(16,465)
Net carrying amount$5,702$8,000
Remaining amortization period2.9 years3.9 years
Insurance customer relationship intangible:
Gross amount$1,067$1,067
Accumulated amortization (3)(445)(292)
Net carrying amount$622$775
Remaining amortization period4.0 years5.0 years
(1) For the years ended December 31, 2018, 2017 and 2016, the amortization expense of core deposit intangibles amounted to $1.1 million, $1.7 million and $2.0 million, respectively.
(2) For the years ended December 31, 2018, 2017 and 2016, the amortization expense of the purchased credit card relationship intangible amounted to $2.3 million, $2.5 million and $2.8 million, respectively.
(3) For the years ended December 31, 2018, 2017 and 2016, the amortization expense of the insurance customer relationship intangible amounted to $0.2 million, $0.2 million and $0.1 million, respectively.
Schedule of Expected Amortization Expense [Table Text Block]
The estimated aggregate annual amortization expense related to the intangible assets for future periods is as follows:
Amount
(In thousands)
2019$3,088
20202,851
20212,658
2022915
2023622
2024 and after525