XML 51 R40.htm IDEA: XBRL DOCUMENT v3.5.0.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in the carrying amount of goodwill
Changes in the carrying amount of goodwill during the six months ended June 30, 2016 were as follows:
 
Community Banks
 
Insurance
 
Total
Balance at January 1, 2016
$
443,104

 
$
2,767

 
$
445,871

Addition to goodwill from KeyWorth acquisition
20,634

 

 
20,634

Adjustment to previously recorded goodwill
4,029

 

 
4,029

Balance at June 30, 2016
$
467,767

 
$
2,767

 
$
470,534

Summary of finite-lived intangible assets
The following table provides a summary of finite-lived intangible assets as of the dates presented:
 
 
Gross  Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
June 30, 2016
 
 
 
 
 
Core deposit intangibles
$
47,992

 
$
(21,944
)
 
$
26,048

Customer relationship intangible
1,970

 
(635
)
 
1,335

Total finite-lived intangible assets
$
49,962

 
$
(22,579
)
 
$
27,383

December 31, 2015
 
 
 
 
 
Core deposit intangibles
$
45,982

 
$
(18,572
)
 
$
27,410

Customer relationship intangible
1,970

 
(569
)
 
1,401

Total finite-lived intangible assets
$
47,952

 
$
(19,141
)
 
$
28,811

Schedule of current year amortization expense for finite-lived intangible assets
Current year amortization expense for finite-lived intangible assets is presented in the table below.
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Amortization expense for:
 
 
 
 
 
 
 
  Core deposit intangibles
1,709

 
1,206

 
3,373

 
2,447

  Customer relationship intangible
33

 
33

 
66

 
66

Total intangible amortization
1,742

 
1,239

 
3,439

 
2,513

Schedule of estimated amortization expense of finite-lived intangible assets
The estimated amortization expense of finite-lived intangible assets for the year ending December 31, 2016 and the succeeding four years is summarized as follows:
 
Core Deposit Intangibles
 
Customer Relationship Intangible
 
Total
 
 
 
 
 
 
2016
$
6,616

 
$
131

 
$
6,747

2017
5,722

 
131

 
$
5,853

2018
4,881

 
131

 
$
5,012

2019
4,101

 
131

 
$
4,232

2020
3,213

 
131

 
$
3,344