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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill by segment

The table below illustrates goodwill by segment for the years ended December 31, 2017 and 2016 ($ in thousands):

 

 

 

General

 

 

 

 

 

 

 

 

 

 

 

Banking

 

 

Insurance

 

 

Total

 

Balance as of January 1, 2016

 

$

321,132

 

 

$

45,024

 

 

$

366,156

 

Adjustment during 2016

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2016

 

 

321,132

 

 

 

45,024

 

 

 

366,156

 

Goodwill from Reliance merger during 2017

 

 

13,471

 

 

 

 

 

 

13,471

 

Balance as of December 31, 2017

 

$

334,603

 

 

$

45,024

 

 

$

379,627

 

 

Schedule of identifiable intangible assets

At December 31, 2017 and 2016, identifiable intangible assets consisted of the following ($ in thousands):

 

 

 

December 31, 2017

 

 

December 31, 2016

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Core deposit intangibles

 

$

87,674

 

 

$

73,494

 

 

$

14,180

 

 

$

85,824

 

 

$

67,843

 

 

$

17,981

 

Insurance intangibles

 

 

13,824

 

 

 

12,026

 

 

 

1,798

 

 

 

13,824

 

 

 

11,615

 

 

 

2,209

 

Banking charters

 

 

1,325

 

 

 

943

 

 

 

382

 

 

 

1,325

 

 

 

877

 

 

 

448

 

Borrower relationship intangible

 

 

690

 

 

 

690

 

 

 

 

 

 

690

 

 

 

648

 

 

 

42

 

Total

 

$

103,513

 

 

$

87,153

 

 

$

16,360

 

 

$

101,663

 

 

$

80,983

 

 

$

20,680

 

The following table illustrates the carrying amounts and remaining weighted-average amortization periods of identifiable intangible assets as of December 31, 2017 ($ in thousands):

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average

 

 

 

Net Carrying

 

 

Amortization

 

 

 

Amount

 

 

Period in Years

 

Core deposit intangibles

 

$

14,180

 

 

 

5.2

 

Insurance intangibles

 

 

1,798

 

 

 

15.3

 

Banking charters

 

 

382

 

 

 

5.7

 

Total

 

$

16,360

 

 

 

6.3