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Restructuring
 3 Months Ended
Mar. 31, 2019
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
In the first and second quarters of 2016, the Company incurred costs of $1.1 million and $0.9 million, respectively, in continued refinement of the management structure within the Wealth Management and Trust segment. This restructuring was related to the acquisition of Banyan Partners, LLC in 2014. Restructuring expenses incurred since the plan of restructuring was first implemented in 2014 totaled $6.4 million, all within the Wealth Management and Trust segment.
In the third and fourth quarters of 2018 and the first quarter of 2019, the Company incurred restructuring charges of $5.8 million, $2.1 million, and $1.6 million, respectively, in connection with a previously announced reduction in force to the Company’s workforce of approximately 7% of total staffing, executive transition changes, and other employee benefit and technology related initiatives. The restructuring is intended to improve the Company’s operating efficiency and enhance earnings.
The following table presents a summary of the restructuring activity for the three months ended March 31, 2019 and 2018:
 
Severance Charges
 
Other Associated Costs
 
Total
 
 
 
(In thousands)


 
 
Accrued charges at December 31, 2018
$
3,896

 
$
790

 
$
4,686

Cost incurred
1,646

 
—

 
1,646

Costs paid
(1,986
)
 
—

 
(1,986
)
Accrued charges at March 31, 2019

$
3,556

 
$
790

 
$
4,346

 
 
 
 
 
 
Accrued charges at December 31, 2017
$
337

 
$
—

 
$
337

Costs paid
(254
)
 
—

 
(254
)
Accrued charges at March 31, 2018
$
83

 
$
—

 
$
83