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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill

The following table shows the changes in the carrying amount of goodwill for the years ended December 31, 2016 and 2015:

 

(dollars in thousands)

   2016      2015  

Balance at January 1,

   $ 584,634       $ 530,845   

Acquisitions

     111,347         57,619   

Divestitures

     (40,963      (3,830
  

 

 

    

 

 

 

Balance at December 31,

   $ 655,018       $ 584,634   
  

 

 

    

 

 

 

 

Schedule of Gross Carrying Amounts and Accumulated Amortization of Other Intangible Assets

The gross carrying amounts and accumulated amortization of other intangible assets at December 31, 2016 and 2015 was as follows:

 

(dollars in thousands)

   Gross
Carrying
Amount
     Accumulated
Amortization
and Impairment
     Net
Carrying
Amount
 

2016

        

Amortized intangible assets:

        

Core deposit

   $ 81,663       $ (53,214    $ 28,449   

Customer trust relationships

     16,547         (7,753      8,794   

Customer loan relationships

     4,413         (3,979      434   
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 102,623       $ (64,946    $ 37,677   
  

 

 

    

 

 

    

 

 

 

2015

        

Amortized intangible assets:

        

Core deposit

   $ 60,103       $ (43,982    $ 16,121   

Customer business relationships

     30,787         (23,341      7,446   

Customer trust relationships

     16,547         (5,286      11,261   

Customer loan relationships

     4,413         (3,933      480   
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 111,850       $ (76,542    $ 35,308   
  

 

 

    

 

 

    

 

 

 

 

Schedule of Estimated Amortization Expense for Future Years

Estimated amortization expense for future years is as follows:

 

(dollars in thousands)

      

2017

   $ 11,015   

2018

     8,687   

2019

     6,737   

2020

     4,883   

2021

     3,111   

Thereafter

     3,244   
  

 

 

 

Total

   $ 37,677