Intangible Assets And Goodwill

12 Months Ended

Dec. 31, 2011

Intangible Assets And Goodwill [Abstract]

(7) INTANGIBLE ASSETS AND GOODWILL

The following is a summary of intangible assets:


	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Dollars in thousands)
As of December 31, 2011
Core deposit intangibles	$	14,800	$	(5,662	)	$	9,138
Customer relationship intangibles		5,657		(1,639	)		4,018
Mortgage servicing intangibles		1,100		(37	)		1,063

Total	$	21,557	$	(7,338	)	$	14,219

As of December 31, 2010
Core deposit intangibles	$	11,586	$	(4,343	)	$	7,243
Customer relationship intangibles		5,657		(1,290	)		4,367
Mortgage servicing intangibles		—		—			—

Total	$	17,243	$	(5,633	)	$	11,610

Estimated amortization of intangible assets, as of December 31, 2011, is as follows (dollars in thousands):


Estimated Amortization
2012	$	1,896
2013		1,703
2014		1,512
2015		1,504
2016		1,293

At December 31, 2011, the weighted-average remaining life all intangible assets was approximately 7.8 years which consisted of customer relationship intangibles with a weighted-average life of 12.3 years and core deposit intangibles with a weighted-average life of 6.0 years. Mortgage servicing intangibles had a weighted-average life of 9.8 years based on current prepayment assumptions.

The following is a summary of goodwill by business segment:


	Metropolitan Banks		Community Banks			Other Financial Services		Executive, Operations & Support			Consolidated
	(Dollars in thousands)
Year Ended December 31, 2011
Balance at beginning of period	$	8,079	$	30,507		$	5,464	$	498		$	44,548
Adjustments		—		45			—		(48	)		(3	)

Balance at end of period	$	8,079	$	30,552		$	5,464	$	450		$	44,545

Year Ended December 31, 2010
Balance at beginning of period	$	6,150	$	23,652		$	4,258	$	624		$	34,684
Acquisitions		1,929		7,032			1,206		—			10,167
Adjustments		—		(177	)		—		(126	)		(303	)

Balance at end of period	$	8,079	$	30,507		$	5,464	$	498		$	44,548

- 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.

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