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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Carrying Value of Intangible Assets Subject to Amortization

 

 

 

December 31, 2019

 

 

 

Purchase

 

 

Accumulated

 

 

Carrying

 

(in thousands)

 

Value

 

 

Amortization

 

 

Value

 

Core deposit intangibles

 

$

 

247,455

 

 

$

 

168,577

 

 

$

 

78,878

 

Credit card and trust relationships

 

 

 

49,962

 

 

 

 

22,448

 

 

 

 

27,514

 

Merchant processing relationships

 

 

 

10,000

 

 

 

 

9,585

 

 

 

 

415

 

 

 

$

 

307,417

 

 

$

 

200,610

 

 

$

 

106,807

 

 

 

 

December 31, 2018

 

 

 

Purchase

 

 

Accumulated

 

 

Carrying

 

(in thousands)

 

Value

 

 

Amortization

 

 

Value

 

Core deposit intangibles

 

$

 

215,955

 

 

$

 

151,446

 

 

$

 

64,509

 

Credit card and trust relationships

 

 

 

49,962

 

 

 

 

19,564

 

 

 

 

30,398

 

Merchant processing relationships

 

 

 

10,000

 

 

 

 

8,756

 

 

 

 

1,244

 

 

 

$

 

275,917

 

 

$

 

179,766

 

 

$

 

96,151

 

Aggregate Amortization Expense

 

 

Years Ended December 31,

 

(in thousands)

 

2019

 

 

2018

 

 

2017

 

Core deposit intangibles

 

$

 

17,132

 

 

$

 

18,566

 

 

$

 

19,442

 

Credit card and trust relationships

 

 

 

2,883

 

 

 

 

2,682

 

 

 

 

1,975

 

Merchant processing relationships

 

 

 

829

 

 

 

 

802

 

 

 

 

1,000

 

 

 

$

 

20,844

 

 

$

 

22,050

 

 

$

 

22,417

 

 

Estimated Amortization Expense of Other Intangible Assets

 

(in thousands)

 

 

 

 

 

2020

 

 

$

19,916

 

2021

 

 

 

16,665

 

2022

 

 

 

14,033

 

2023

 

 

 

11,557

 

2024

 

 

 

9,413

 

Thereafter

 

 

 

35,223

 

 

 

$

 

106,807