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Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
(In Thousands)
The carrying amounts of goodwill by operating segments for the three months ended March 31, 2020 were as follows:
 
Community Banks
 
Insurance
 
Total
Balance at January 1, 2020
$
936,916

 
$
2,767

 
$
939,683

Adjustment to previously recorded goodwill

 

 

Balance at March 31, 2020
$
936,916

 
$
2,767

 
$
939,683



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, 2020
 
 
 
 
 
Core deposit intangibles
$
82,492

 
$
(48,449
)
 
$
34,043

Customer relationship intangible
2,470

 
(1,148
)
 
1,322

Total finite-lived intangible assets
$
84,962

 
$
(49,597
)
 
$
35,365

December 31, 2019
 
 
 
 
 
Core deposit intangibles
$
82,492

 
$
(46,599
)
 
$
35,893

Customer relationship intangible
2,470

 
(1,103
)
 
1,367

Total finite-lived intangible assets
$
84,962

 
$
(47,702
)
 
$
37,260



Current year amortization expense for finite-lived intangible assets is presented in the table below.
 
Three Months Ended
 
March 31,
 
2020
 
2019
Amortization expense for:
 
 
 
  Core deposit intangibles
$
1,850

 
$
2,077

  Customer relationship intangible
45

 
33

Total intangible amortization
$
1,895

 
$
2,110



The estimated amortization expense of finite-lived intangible assets for the year ending December 31, 2020 and the succeeding four years is summarized as follows:
 
Core Deposit Intangibles
 
Customer Relationship Intangible
 
Total
 
 
 
 
 
 
2020
$
6,939

 
$
181

 
$
7,120

2021
5,860

 
181

 
6,041

2022
4,940

 
181

 
5,121

2023
4,044

 
181

 
4,225

2024
3,498

 
181

 
3,679