XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2.2
Intangible Assets and Goodwill (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

The following is a summary of intangible assets as of the dates listed:

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

 

(Dollars in thousands)

 

September 30, 2022

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

33,298

 

 

$

(12,765

)

 

$

20,533

 

Customer relationship intangibles

 

 

3,350

 

 

 

(3,020

)

 

 

330

 

Total

 

$

36,648

 

 

$

(15,785

)

 

$

20,863

 

December 31, 2021

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

27,433

 

 

$

(10,311

)

 

$

17,122

 

Customer relationship intangibles

 

 

3,350

 

 

 

(2,906

)

 

 

444

 

Total

 

$

30,783

 

 

$

(13,217

)

 

$

17,566

 
Summary of Goodwill by Business Segment

The following is a summary of goodwill by business segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Metropolitan Banks

 

 

Community Banks

 

 

Pegasus

 

 

Worthington

 

 

Other Financial Services

 

 

Executive, Operations & Support

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

Nine months ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

13,767

 

 

$

61,212

 

 

$

68,855

 

 

$

—

 

 

$

5,464

 

 

$

624

 

 

$

149,922

 

Acquisitions

 

 

—

 

 

 

—

 

 

 

—

 

 

 

32,133

 

 

 

—

 

 

 

—

 

 

 

32,133

 

Balance at end of period

 

$

13,767

 

 

$

61,212

 

 

$

68,855

 

 

$

32,133

 

 

$

5,464

 

 

$

624

 

 

$

182,055