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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Carrying Value of Intangible Assets Subject to Amortization

 

 

 

December 31, 2021

 

 

 

Purchase

 

 

Accumulated

 

 

Carrying

 

(in thousands)

 

Value

 

 

Amortization

 

 

Value

 

Core deposit intangibles

 

$

 

235,845

 

 

$

 

188,135

 

 

$

 

47,710

 

Credit card and trust relationships

 

 

 

49,962

 

 

 

 

27,446

 

 

 

 

22,516

 

 

 

$

 

285,807

 

 

$

 

215,581

 

 

$

 

70,226

 

 

 

 

 

December 31, 2020

 

 

 

Purchase

 

 

Accumulated

 

 

Carrying

 

(in thousands)

 

Value

 

 

Amortization

 

 

Value

 

Core deposit intangibles

 

$

 

235,845

 

 

$

 

173,830

 

 

$

 

62,015

 

Credit card and trust relationships

 

 

 

49,962

 

 

 

 

25,085

 

 

 

 

24,877

 

Merchant processing relationships

 

 

 

10,000

 

 

 

 

10,000

 

 

 

 

 

 

 

$

 

295,807

 

 

$

 

208,915

 

 

$

 

86,892

 

Aggregate Amortization Expense

 

 

Years Ended December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Core deposit intangibles

 

$

 

14,304

 

 

$

 

16,864

 

 

$

 

17,132

 

Credit card and trust relationships

 

 

 

2,361

 

 

 

 

2,637

 

 

 

 

2,883

 

Merchant processing relationships

 

 

 

 

 

 

 

415

 

 

 

 

829

 

 

 

$

 

16,665

 

 

$

 

19,916

 

 

$

 

20,844

 

 

Estimated Amortization Expense of Other Intangible Assets

 

(in thousands)

 

 

 

 

 

2022

 

$

 

14,033

 

2023

 

 

 

11,557

 

2024

 

 

 

9,413

 

2025

 

 

 

7,985

 

2026

 

 

 

5,322

 

Thereafter

 

 

 

21,916

 

 

 

$

 

70,226