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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill by segment

The table below illustrates goodwill by segment for the years ended December 31, 2015 and 2014 ($ in thousands):

 

 

 

General

 

 

 

 

 

 

 

 

 

 

 

Banking

 

 

Insurance

 

 

Total

 

Balance as of January 1, 2014

 

$

328,483

 

 

$

44,368

 

 

$

372,851

 

Measurement period adjustment during 2014

 

 

(7,351

)

 

 

 

 

 

(7,351

)

Balance as of December 31, 2014

 

 

321,132

 

 

 

44,368

 

 

 

365,500

 

Goodwill from purchase of insurance book of business during 2015

 

 

 

 

 

656

 

 

 

656

 

Balance as of December 31, 2015

 

$

321,132

 

 

$

45,024

 

 

$

366,156

 

 

Schedule of identifiable intangible assets

At December 31, 2015 and 2014, identifiable intangible assets consisted of the following ($ in thousands):

 

 

 

December 31, 2015

 

 

December 31, 2014

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Core deposit intangibles

 

$

85,824

 

 

$

61,603

 

 

$

24,221

 

 

$

85,824

 

 

$

54,464

 

 

$

31,360

 

Insurance intangibles

 

 

13,824

 

 

 

11,117

 

 

 

2,707

 

 

 

11,693

 

 

 

10,566

 

 

 

1,127

 

Banking charters

 

 

1,325

 

 

 

811

 

 

 

514

 

 

 

1,325

 

 

 

745

 

 

 

580

 

Borrower relationship intangible

 

 

690

 

 

 

586

 

 

 

104

 

 

 

690

 

 

 

523

 

 

 

167

 

Total

 

$

101,663

 

 

$

74,117

 

 

$

27,546

 

 

$

99,532

 

 

$

66,298

 

 

$

33,234

 

 

The following table illustrates the carrying amounts and remaining weighted-average amortization periods of identifiable intangible assets as of December 31, 2015 ($ in thousands):

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average

 

 

 

Net Carrying

 

 

Amortization

 

 

 

Amount

 

 

Period in Years

 

Core deposit intangibles

 

$

24,221

 

 

 

6.6

 

Insurance intangibles

 

 

2,707

 

 

 

15.0

 

Banking charters

 

 

514

 

 

 

7.7

 

Borrower relationship intangible

 

 

104

 

 

 

1.7

 

Total

 

$

27,546

 

 

 

7.4