Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

NOTE 5 Goodwill and Other Intangible Assets

As of September 30, 2019 and December 31, 2018, goodwill totaled $27.3 million.

The following table summarizes the carrying amount of goodwill, by segment, as of September 30, 2019 and December 31, 2018:

(dollars in thousands)	Goodwill
Banking	$	20,131
Retirement and benefit services		7,198
Total goodwill	$	27,329

The gross carrying amount and accumulated amortization for each type of identifiable intangible asset are as follows:

	September 30, 2019						December 31, 2018
(dollars in thousands)	Gross Carrying Amount		Accumulated Amortization		Total		Gross Carrying Amount		Accumulated Amortization		Total
Identifiable customer intangibles	$	55,744	$	(37,374)	$	18,370	$	55,744	$	(34,972)	$	20,772
Core deposit intangible assets		7,216		(6,204)		1,012		7,216		(5,515)		1,701
Total intangible assets	$	62,960	$	(43,578)	$	19,382	$	62,960	$	(40,487)	$	22,473

Amortization of intangible assets was $1.0 million and $3.1 million for the three and nine months ended September 30, 2019, respectively, and $1.2 million and $3.6 million for the comparable periods in 2018, respectively.