XML 44 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying amounts of goodwill by operating segments
The carrying amounts of goodwill by operating segments for the three months ended March 31, 2018 were as follows:
 
Community Banks
 
Insurance
 
Total
Balance at January 1, 2018
$
608,279

 
$
2,767

 
$
611,046

Addition to goodwill from acquisition

 

 

Adjustment to previously recorded goodwill

 

 

Balance at March 31, 2018
$
608,279

 
$
2,767

 
$
611,046

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
March 31, 2018
 
 
 
 
 
Core deposit intangibles
$
54,958

 
$
(33,204
)
 
$
21,754

Customer relationship intangible
1,970

 
(865
)
 
1,105

Total finite-lived intangible assets
$
56,928

 
$
(34,069
)
 
$
22,859

December 31, 2017
 
 
 
 
 
Core deposit intangibles
$
54,958

 
$
(31,586
)
 
$
23,372

Customer relationship intangible
1,970

 
(832
)
 
1,138

Total finite-lived intangible assets
$
56,928

 
$
(32,418
)
 
$
24,510

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
 
 
March 31,
 
 
2018
 
2017
Amortization expense for:
 
 
 
 
  Core deposit intangibles
 
$
1,618

 
$
1,530

  Customer relationship intangible
 
33

 
33

Total intangible amortization
 
$
1,651

 
$
1,563

Estimated amortization expense of finite-lived intangible assets
The estimated amortization expense of finite-lived intangible assets for the year ending December 31, 2018 and the succeeding four years is summarized as follows:
 
Core Deposit Intangibles
 
Customer Relationship Intangible
 
Total
 
 
 
 
 
 
2018
$
6,130

 
$
131

 
$
6,261

2019
5,212

 
131

 
5,343

2020
4,186

 
131

 
4,317

2021
3,107

 
131

 
3,238

2022
2,187

 
131

 
2,318