XML 28 R14.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2017
Goodwill and Other Intangible Assets [Abstract] |
Goodwill and Other Intangible Assets | Note 6. Goodwill and Other Intangible Assets ﻿ Goodwill represents the excess of the consideration paid over the fair value of the net assets acquired or the excess of the fair value of the net liabilities assumed over the consideration received in a business combination. The FNBC transactions resulted in goodwill of approximately $124.3 million during the year ended December 31, 2017. The carrying amount of goodwill was $745.5 million and $621.2 million at December 31, 201 7 and 2016. The Company completed its annual goodwill impairment test as of September 30, 2017 and concluded that there was no impairment of goodwill. ﻿ The Company used the discounted net present value of estimated future cash flows to measure the fair value of its goodwill at December 31, 2017. T he valuation technique used by the Company requires significant assumptions. A ssumptions are made concerning the economic environment, expected net interest margins, growth rates, and discount rates for cash flows. Changes to these assumptions could result in significantly different results. ﻿ No goodwill impairment charges were recognized during 2017, 2016 or 201 5. ﻿ Identifiable intangible assets with finite lives are amortized over the periods benefited and are evaluated for impairment similar to other long-lived assets. The purchase and carrying value s of intangible assets subject to amortization w ere as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | December 31, 2017
﻿ |  | Purchase |  | Accumulated |  | Carrying
﻿(in thousands) |  | Value |  | Amortization |  | Value
﻿Core deposit intangibles |  | $ | 215,955 |  | $ | 132,878 |  | $ | 83,077
﻿Credit card and trust relationships |  |  | 22,400 |  |  | 16,882 |  |  | 5,518
﻿Merchant processing relationships |  |  | 10,000 |  |  | 7,955 |  |  | 2,045
﻿ |  | $ | 248,355 |  | $ | 157,715 |  | $ | 90,640
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | December 31, 2016
﻿ |  | Purchase |  | Accumulated |  | Carrying
﻿(in thousands) |  | Value |  | Amortization |  | Value
﻿Core deposit intangibles |  | $ | 190,655 |  | $ | 113,436 |  | $ | 77,219
﻿Credit card and trust relationships |  |  | 22,400 |  |  | 14,907 |  |  | 7,493
﻿Merchant processing relationships |  |  | 10,000 |  |  | 6,955 |  |  | 3,045
﻿ |  | $ | 223,055 |  | $ | 135,298 |  | $ | 87,757
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Years Ended December 31,
﻿(in thousands) |  | 2017 |  | 2016 |  | 2015
﻿Aggregate amortization expense for: |  |  |  |  |  |  |  |  |
﻿Core deposit intangibles |  | $ | 19,442 |  | $ | 16,411 |  | $ | 18,031
﻿Credit card and trust relationships |  |  | 1,975 |  |  | 2,172 |  |  | 2,369
﻿Trade name |  |  | — |  |  | — |  |  | 2,388
﻿Merchant processing relationships |  |  | 1,000 |  |  | 1,198 |  |  | 1,396
﻿ |  | $ | 22,417 |  | $ | 19,781 |  | $ | 24,184
﻿ The weighted-average remaining life of core deposit intangibles is 9 years. The weighted-average remaining life of other identifiable intangibles is 6 years. ﻿ The following table shows estimated amortization expense of other intangible assets as of December 31, 2017 for the five succeeding years and thereafter, calculated based on current amortization schedules. ﻿
﻿ |  |  |
﻿ |  |  |
﻿(in thousands) |  |  |
﻿2018 |  | $ | 21,368
﻿2019 |  |  | 18,194
﻿2020 |  |  | 13,766
﻿2021 |  |  | 11,288
﻿2022 |  |  | 8,975
﻿Thereafter |  |  | 17,049
﻿ |  | $ | 90,640

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration