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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
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 three and nine months ended September 30, 2019 and 2018:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(dollars in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

1,036,258

 

 

$

828,804

 

 

$

1,036,258

 

 

$

828,051

 

Acquisition adjustments

 

 

736

 

 

 

 

 

 

736

 

 

 

753

 

Balance at end of period

 

$

1,036,994

 

 

$

828,804

 

 

$

1,036,994

 

 

$

828,804

 

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

The gross carrying amount and accumulated amortization of other intangible assets at September 30, 2019 and December 31, 2018 were as follows:

 

 

 

Gross

 

 

Accumulated

 

 

Net

 

 

 

Carrying

 

 

Amortization

 

 

Carrying

 

(dollars in thousands)

 

Amount

 

 

and Impairment

 

 

Amount

 

September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit

 

$

119,051

 

 

$

(59,398

)

 

$

59,653

 

Customer trust relationships

 

 

16,547

 

 

 

(12,149

)

 

 

4,398

 

Total intangible assets

 

$

135,598

 

 

$

(71,547

)

 

$

64,051

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit

 

$

129,100

 

 

$

(57,524

)

 

$

71,576

 

Customer trust relationships

 

 

16,547

 

 

 

(11,107

)

 

 

5,440

 

Total intangible assets

 

$

145,647

 

 

$

(68,631

)

 

$

77,016

 

Schedule of Estimated Amortization Expense for Future Years

Estimated amortization expense for future years is as follows:

 

(dollars in thousands)

 

 

 

 

2019 remaining

 

$

3,945

 

2020

 

 

14,091

 

2021

 

 

11,336

 

2022

 

 

9,014

 

2023

 

 

7,053

 

Thereafter

 

 

18,612

 

Total

 

$

64,051