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GOODWILL AND OTHER INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2012
GOODWILL AND OTHER INTANGIBLES  
Schedule of increase in goodwill

 

 

(In thousands)

 

2012

 

2011

 

Balance, beginning of the period

 

$

202,391

 

$

161,725

 

Goodwill aquired:

 

 

 

 

 

Legacy Bancorp, Inc.

 

 

23,496

 

Rome Bancorp, Inc.

 

 

17,176

 

Connecticut Bank & Trust

 

14,146

 

 

Greenpark Mortgage Corporation

 

4,145

 

 

Beacon Federal Bancorp, Inc.

 

34,511

 

 

Other

 

6

 

(6

)

Balance, end of the period

 

$

255,199

 

$

202,391

 

Schedule of goodwill by reporting units

 

 

(In thousands)

 

2012

 

2011

 

 

 

 

 

 

 

Banking

 

$

232,023

 

$

179,215

 

Insurance

 

23,176

 

23,176

 

Total

 

$

255,199

 

$

202,391

 

Schedule of components of other intangible assets

 

 

(In thousands)

 

Gross Intangible
Assets

 

Accumulated
Amortization

 

Net Intangible
Assets

 

 

 

 

 

 

 

 

 

December 31, 2012

 

 

 

 

 

 

 

Non-maturity deposits

 

$

31,503

 

$

(18,164

)

$

13,339

 

Insurance contracts

 

7,558

 

(4,539

)

3,019

 

All other intangible assets

 

3,894

 

(1,193

)

2,701

 

Total

 

$

42,955

 

$

(23,896

)

$

19,059

 

 

 

 

 

 

 

 

 

December 31, 2011 (1)

 

 

 

 

 

 

 

Non-maturity deposits

 

$

28,663

 

$

(13,538

)

$

15,125

 

Insurance contracts

 

7,345

 

(3,795

)

3,550

 

All other intangible assets

 

3,522

 

(650

)

2,872

 

Total

 

$

39,530

 

$

(17,983

)

$

21,547

 

 

 

(1 )  Amounts include balances associated with discontinued operations