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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill by segment

The table below illustrates goodwill by segment for the years ended December 31, 2019 and 2018 ($ in thousands):

 

 

 

General

 

 

 

 

 

 

 

 

 

 

 

Banking

 

 

Insurance

 

 

Total

 

Balance as of January 1, 2018

 

$

334,603

 

 

$

45,024

 

 

$

379,627

 

Adjustment during 2018

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2018

 

 

334,603

 

 

 

45,024

 

 

 

379,627

 

Adjustment during 2019

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2019

 

$

334,603

 

 

$

45,024

 

 

$

379,627

 

Schedule of identifiable intangible assets

At December 31, 2019 and 2018, identifiable intangible assets consisted of the following ($ in thousands):

 

 

 

December 31, 2019

 

 

December 31, 2018

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Core deposit intangibles

 

$

87,674

 

 

$

82,096

 

 

$

5,578

 

 

$

87,674

 

 

$

78,353

 

 

$

9,321

 

Insurance intangibles

 

 

14,171

 

 

 

12,655

 

 

 

1,516

 

 

 

13,824

 

 

 

12,348

 

 

 

1,476

 

Banking charters

 

 

1,325

 

 

 

1,076

 

 

 

249

 

 

 

1,325

 

 

 

1,010

 

 

 

315

 

Total

 

$

103,170

 

 

$

95,827

 

 

$

7,343

 

 

$

102,823

 

 

$

91,711

 

 

$

11,112

 

The following table illustrates the carrying amounts and remaining weighted-average amortization periods of identifiable intangible assets as of December 31, 2019 ($ in thousands):

 

 

 

 

 

 

Remaining

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average

 

 

 

Net Carrying

 

 

Amortization

 

 

 

Amount

 

 

Period in Years

 

Core deposit intangibles

 

$

5,578

 

 

 

3.8

 

Insurance intangibles

 

 

1,516

 

 

 

12.9

 

Banking charters

 

 

249

 

 

 

3.7

 

Total

 

$

7,343

 

 

 

5.7