Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

(In Thousands)

The carrying amounts of goodwill by operating segments for the six months ended June 30, 2020 were as follows:


	Community Banks		Insurance		Total



Balance at January 1, 2020	$	936,916	$	2,767	$	939,683

Addition to goodwill from acquisition	—		—		—
Balance at June 30, 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
June 30, 2020
Core deposit intangibles	$	82,492	$	(50,238)	$	32,254
Customer relationship intangible	2,470		(1,193)		1,277
Total finite-lived intangible assets	$	84,962	$	(51,431)	$	33,531
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						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Amortization expense for:
Core deposit intangibles	$	1,789	$	2,020	$	3,639	$	4,097
Customer relationship intangible	45		33		90		66
Total intangible amortization	$	1,834	$	2,053	$	3,729	$	4,163

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