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Goodwill and Intangibles Assets
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangibles Assets Goodwill and Intangible Assets
 
The following table presents activity in the Corporation's goodwill by its reporting units and finite-lived and indefinite-lived intangible assets, other than MSRs, for the six months ended June 30, 2019:
(dollars in thousands)
Balance
December 31, 2018
 
Additions
 
Adjustments
 
Amortization
 
Balance
June 30, 2019
 
Amortization
Period
Goodwill – Wealth
$
20,412

 
$

 
$

 
$

 
$
20,412

 
Indefinite
Goodwill – Banking
156,991

 

 

 

 
156,991

 
Indefinite
Goodwill – Insurance
6,609

 

 

 

 
6,609

 
Indefinite
Total Goodwill
184,012

 

 

 

 
184,012

 
 
Core deposit intangible
5,906

 

 

 
(655
)
 
5,251

 
10 years
Customer relationships
13,607

 
18

 

 
(895
)
 
12,730

 
5 to 20 years
Non-compete agreements
1,101

 

 

 
(95
)
 
1,006

 
5 to 10 years
Trade name
2,149

 

 

 
(249
)
 
1,900

 
3 to 5 years
Domain name
151

 

 

 

 
151

 
Indefinite
Favorable lease assets
541

 

 
(541
)
 

 

 

Total Intangible Assets
23,455

 
18

 
(541
)
 
(1,894
)
 
21,038

 
 
Total Goodwill and Intangible Assets
$
207,467

 
$
18

 
$
(541
)
 
$
(1,894
)
 
$
205,050

 
 

 

Management conducted its annual impairment tests for goodwill and indefinite-lived intangible assets as of October 31, 2018 using generally accepted valuation methods. Management determined that no impairment of goodwill or indefinite-lived intangible assets was identified as a result of the annual impairment analyses. Future impairment testing will be conducted each October 31, unless a triggering event occurs in the interim that would suggest possible impairment, in which case it would be tested as of the date of the triggering event. For the eight months ended June 30, 2019, management determined there were no events that would necessitate impairment testing of goodwill or indefinite-lived intangible assets.