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Goodwill And Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill

 

Goodwill (dollars in millions)

 

Commercial

Banking

 

 

Consumer

Banking

 

 

Total

 

December 31, 2019

$

326.7

 

 

$

43.2

 

 

$

369.9

 

Additions

 

116.4

 

 

 

5.2

 

 

 

121.6

 

Impairment

 

(301.5

)

 

 

(43.2

)

 

 

(344.7

)

March 31, 2020

$

141.6

 

 

$

5.2

 

 

$

146.8

 

 

Summary of Intangible Assets

The following table presents the gross carrying value and accumulated amortization for intangible assets, excluding fully amortized intangible assets.

Intangible Assets (dollars in millions)

 

March 31, 2020

 

 

December 31, 2019

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Core deposit intangibles

$

222.4

 

 

$

(86.6

)

 

$

135.8

 

 

$

126.3

 

 

$

(79.7

)

 

$

46.6

 

Trade names

 

27.7

 

 

 

(13.6

)

 

 

14.1

 

 

 

24.7

 

 

 

(12.7

)

 

 

12.0

 

Customer relationships

 

27.4

 

 

 

(17.2

)

 

 

10.2

 

 

 

23.9

 

 

 

(16.2

)

 

 

7.7

 

Other

 

7.4

 

 

 

(7.4

)

 

 

 

 

 

7.4

 

 

 

(7.7

)

 

 

(0.3

)

Total intangible assets

$

284.9

 

 

$

(124.8

)

 

$

160.1

 

 

$

182.3

 

 

$

(116.3

)

 

$

66.0

 

 

Summary of Intangible Assets Rollforward

The following table presents the changes in intangible assets:

Intangible Assets Rollforward (dollars in millions)

 

Core Deposit

Intangibles

 

 

Trade Names

 

 

Customer

Relationships

 

 

Other

 

 

Total

 

December 31, 2019

$

46.6

 

 

$

12.0

 

 

$

7.7

 

 

$

(0.3

)

 

$

66.0

 

Additions

 

96.1

 

 

 

3.0

 

 

 

3.5

 

 

 

 

 

 

102.6

 

Amortization

 

(6.9

)

 

 

(0.9

)

 

 

(1.0

)

 

 

0.3

 

 

 

(8.5

)

March 31, 2020

$

135.8

 

 

$

14.1

 

 

$

10.2

 

 

$

 

 

$

160.1