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Goodwill, Core Deposit Intangible and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill and Core Deposit Intangible Assets

The following table summarizes the changes in the Company’s goodwill and core deposit intangible assets for the six months ended June 30, 2017 and 2016:

 

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

 

Goodwill

 

 

Core Deposit

Intangible

 

 

Goodwill

 

 

Core Deposit

Intangible

 

Beginning balance

 

$

51,975

 

 

$

19,776

 

 

$

25,688

 

 

$

22,275

 

Amortization or accretion

 

 

 

 

 

(1,529

)

 

 

 

 

 

(1,485

)

Ending balance

 

$

51,975

 

 

$

18,247

 

 

$

25,688

 

 

$

20,790

 

Accumulated amortization or accretion

 

N/A

 

 

$

11,939

 

 

N/A

 

 

$

8,910

 

Weighted average remaining amortization or accretion

   period

 

N/A

 

 

6.1 Years

 

 

N/A

 

 

7.0 Years

 

 

Estimated Amortization Expense for Core Deposit Intangible and Other Intangible Assets Recognized

The following table presents the estimated amortization expense for core deposit intangible and other intangible assets recognized at June 30, 2017:

 

 

 

Estimated

Amortization

 

2017

 

$

1,535

 

2018

 

 

3,060

 

2019

 

 

3,050

 

2020

 

 

3,027

 

2021

 

 

3,017

 

Thereafter

 

 

4,601

 

Total

 

$

18,290