Intangible Assets

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

The following is a summary of other intangible assets included in the Consolidated Statements of Condition:



	December 31, 2019							December 31, 2018
(Dollars in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Value		Gross Carrying Amount		Accumulated Amortization			Net Carrying Value
Core deposit intangibles	$	157,150	$	(47,372	)	$	109,778	$	157,150	$	(28,150	)	$	129,000
Customer relationships	77,865		(60,150		)	17,715		77,865		(55,597		)	22,268
Other (a)	5,622		(2,915		)	2,707		5,622		(1,856		)	3,766
Total	$	240,637	$	(110,437	)	$	130,200	$	240,637	$	(85,603	)	$	155,034


(a)	Balance primarily includes noncompete covenants, as well as $.3 million related to state banking licenses not subject to amortization.

Amortization expense was $24.8 million, $25.9 million, and $8.7 million for the years ended December 31, 2019, 2018 and 2017, respectively. As of December 31, 2019 the estimated aggregated amortization expense is expected to be:



(Dollars in thousands)
Year	Amortization
2020	$	21,159
2021	19,547
2022	17,412
2023	16,117
2024	14,679

Gross goodwill, accumulated impairments, and accumulated divestiture related write-offs were determined beginning January 1, 2002, when a change in accounting requirements resulted in goodwill being assessed for impairment rather than being amortized. Gross goodwill of $200.0 million with accumulated impairments and accumulated divestiture-related write-offs of $114.1 million and $85.9 million, respectively, were previously allocated to the non-strategic segment, resulting in $0 net goodwill allocated to the non-strategic segment as of December 31, 2019, 2018 and 2017. The regional banking and fixed income segments do not have any accumulated impairments or divestiture related write-offs. The following is a summary of goodwill by reportable segment included in the Consolidated Statements of Condition as of December 31, 2019, 2018 and 2017.



(Dollars in thousands)	Regional Banking		Fixed Income		Total
December 31, 2016	$	93,367	$	98,004	$	191,371
Additions (a)	1,150,518		44,964		1,195,482
December 31, 2017	$	1,243,885	$	142,968	$	1,386,853
Additions (a)	45,934		—		45,934
December 31, 2018	$	1,289,819	$	142,968	$	1,432,787
Additions	—		—		—
December 31, 2019	$	1,289,819	$	142,968	$	1,432,787

(a) See Note 2 - Acquisitions and Divestitures for further details regarding goodwill related to acquisitions.