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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill

The following table summarizes changes in goodwill during the year ended December 31, 2017.

 

 

 

Goodwill

 

Balance at December 31, 2016

 

$

46,867

 

Addition from merger with Clayton Banks (see Note 2)

 

 

90,323

 

Balance at December 31, 2017

 

$

137,190

 

 

Schedule of Core Deposit and Other Intangibles

Core deposit and other intangibles are as follows as of the indicated dates:

  

 

 

Core deposit and other intangibles

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangible

 

$

38,915

 

 

$

(27,121

)

 

$

11,794

 

Leasehold intangible

 

 

587

 

 

 

(38

)

 

 

549

 

Customer base trust intangible

 

 

1,600

 

 

 

(67

)

 

 

1,533

 

Manufactured housing servicing intangible

 

 

1,088

 

 

 

(62

)

 

 

1,026

 

Total core deposit and other intangibles

 

$

42,190

 

 

$

(27,288

)

 

$

14,902

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangible

 

$

29,855

 

 

$

(25,292

)

 

$

4,563

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangible

 

$

29,855

 

 

$

(23,160

)

 

$

6,695

 

 

Schedule of Estimated Aggregate Amortization Expense of Core Deposit and Other Intangibles

The estimated aggregate amortization expense of core deposit and other intangibles for each of the next five years and thereafter is as follows:

 

December 31, 2018

 

$

3,275

 

December 31, 2019

 

 

2,866

 

December 31, 2020

 

 

2,476

 

December 31, 2021

 

 

2,090

 

December 31, 2022

 

 

1,609

 

Thereafter

 

 

2,586

 

 

 

$

14,902