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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Other Intangible Assets  
Summary of changes in the carrying amounts of goodwill

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

 

December 31,

 

(Dollars in thousands)

 

2017

 

2016

 

Balance at beginning of period

    

$

338,340

    

$

338,340

 

Additions:

 

 

 

 

 

 

 

Goodwill from Southeastern Bank Financial acquisition

 

 

258,295

 

 

 —

 

Goodwill from Park Sterling Financial merger

 

 

402,951

 

 

 —

 

Balance at end of period

 

$

999,586

 

$

338,340

 

 

Summary of gross carrying amounts and accumulated amortization of other intangible assets

 

 

 

 

 

 

 

 

 

 

December 31,

 

(Dollars in thousands)

 

2017

 

2016

 

Gross carrying amount

    

$

126,449

    

$

82,154

 

Accumulated amortization

 

 

(52,660)

 

 

(42,306)

 

 

 

$

73,789

 

$

39,848

 

 

Schedule of estimated amortization expense of intangibles assets

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

Year ended December 31:

    

 

    

 

2018

 

$

13,614

 

2019

 

 

12,585

 

2020

 

 

11,419

 

2021

 

 

10,186

 

2022

 

 

8,918

 

Thereafter

 

 

17,067

 

 

 

$

73,789