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Goodwill and other intangible assets | 6 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets Disclosure |
Goodwill And Other Intangible Assets | Note 15 – Goodwill and other intangible assets Goodwill There were no changes in the carrying amount of goodwill for the quarters and six months ended June 30, 2019 and 2018. The following tables present the gross amount of goodwill and accumulated impairment losses by reportable segments:
June 30, 2019
| Balance at |  |  | Balance at | Balance at |  |  | Balance at
| January 1, | Accumulated | January 1, | June 30, | Accumulated | June 30,
| 2019 | impairment | 2019 | 2019 | impairment | 2019
(In thousands) | (gross amounts) | losses | (net amounts) | (gross amounts) | losses | (net amounts)
Banco Popular de Puerto Rico | $ | 324,049 | $ | 3,801 | $ | 320,248 | $ | 324,049 | $ | 3,801 | $ | 320,248
Popular U.S. |  | 515,285 |  | 164,411 |  | 350,874 |  | 515,285 |  | 164,411 |  | 350,874
Total Popular, Inc. | $ | 839,334 | $ | 168,212 | $ | 671,122 | $ | 839,334 | $ | 168,212 | $ | 671,122
December 31, 2018
| Balance at |  |  | Balance at | Balance at |  |  | Balance at
| January 1, | Accumulated | January 1, | December 31, | Accumulated | December 31,
| 2018 | impairment | 2018 | 2018 | impairment | 2018
(In thousands) | (gross amounts) | losses | (net amounts) | (gross amounts) | losses | (net amounts)
Banco Popular de Puerto Rico | $ | 280,221 | $ | 3,801 | $ | 276,420 | $ | 324,049 | $ | 3,801 | $ | 320,248
Popular U.S. |  | 515,285 |  | 164,411 |  | 350,874 |  | 515,285 |  | 164,411 |  | 350,874
Total Popular, Inc. | $ | 795,506 | $ | 168,212 | $ | 627,294 | $ | 839,334 | $ | 168,212 | $ | 671,122
Other Intangible Assets At June 30, 2019 and December 31, 2018, the Corporation had $6.1 million of identifiable intangible assets with indefinite useful lives, mostly associated with the E-LOAN trademark. The following table reflects the components of other intangible assets subject to amortization:
|  | Gross Carrying |  | Accumulated |  | Net Carrying
(In thousands) |  | Amount |  | Amortization |  | Value
June 30, 2019 |  |  |  |  |  |
| Core deposits | $ | 37,224 | $ | 27,931 | $ | 9,293
| Other customer relationships |  | 36,644 |  | 28,621 |  | 8,023
| Trademark |  | 488 |  | 89 |  | 399
Total other intangible assets | $ | 74,356 | $ | 56,641 | $ | 17,715
December 31, 2018 |  |  |  |  |  |
| Core deposits | $ | 37,224 | $ | 26,070 | $ | 11,154
| Other customer relationships |  | 34,915 |  | 25,847 |  | 9,068
| Trademark |  | 488 |  | 41 |  | 447
Total other intangible assets | $ | 72,627 | $ | 51,958 | $ | 20,669
During the quarter ended June 30, 2019, the Corporation recognized $ 2.4 million in amortization expense related to other intangible assets with definite useful lives (June 30, 2018 - $ 2.3 million). During the six months ended June 30, 2019, the Corporation recognized $ 4.7 million in amortization related to other intangible assets with definite useful lives (June 30, 2018 - $ 4.6 million). The following table presents the estimated amortization of the intangible assets with definite useful lives for each of the following periods:
(In thousands) |  |
Remaining 2019 | $ | 4,687
Year 2020 |  | 5,410
Year 2021 |  | 2,600
Year 2022 |  | 1,724
Year 2023 |  | 1,684
Later years |  | 1,610

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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