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GOODWILL AND OTHER INTANGIBLES (Tables) | 9 Months Ended
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Sep. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill [Table Text Block] |
|  | Mortgage Banking |  | Consumer (Retail) Banking |  | Commercial and Corporate Banking |  | United States Operations |  | Total
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill, January 1, 2020 | $ | - |  | $ | - |  | $ | - |  | $ | 28,098 |  | $ | 28,098
| Merger and acquisitions |  | 574 |  |  | 794 |  |  | 4,935 |  |  | - |  |  | 6,303
| Adjustments |  | 385 |  |  | 533 |  |  | 3,313 |  |  | - |  |  | 4,231
Goodwill, December 31, 2020 | $ | 959 |  | $ | 1,327 |  | $ | 8,248 |  | $ | 28,098 |  | $ | 38,632
| Adjustments |  | 53 |  |  | 74 |  |  | (148) |  |  | - |  |  | (21)
Goodwill, September 30, 2021 | $ | 1,012 |  | $ | 1,401 |  | $ | 8,100 |  | $ | 28,098 |  | $ | 38,611
Gross Amount and Accumulated Amortization of Other Intangible Assets [Table Text Block] | The following table shows the gross amount and accumulated amortization of the Corporation’s intangible assets as of the indicated dates:
|  |  | As of |  | As of
|  |  | September 30, |  | December 31,
|  |  | 2021 |  | 2020
(Dollars in thousands) |  |  |  |  |
Core deposit intangible: |  |  |  |  |
| Gross amount | $ | 87,544 |  | $ | 87,096
| Accumulated amortization (1) |  | (57,050) |  |  | (51,254)
| Net carrying amount | $ | 30,494 |  | $ | 35,842
Remaining amortization period (in years) |  | 8.3 |  |  | 9.0
Purchased credit card relationship intangible: |  |  |  |  |
| Gross amount | $ | 28,265 |  | $ | 28,265
| Accumulated amortization (2) |  | (26,273) |  |  | (23,532)
| Net carrying amount | $ | 1,992 |  | $ | 4,733
Remaining amortization period (in years) |  | 1.9 |  |  | 2.7
Insurance customer relationship intangible: |  |  |  |  |
| Gross amount | $ | 1,067 |  | $ | 1,067
| Accumulated amortization (3) |  | (864) |  |  | (749)
| Net carrying amount | $ | 203 |  | $ | 318
Remaining amortization period (in years) |  | 1.3 |  |  | 2.1
(1) | For the quarter and nine-month period ended September 30, 2021, the amortization expense of core deposit intangibles amounted to $1.9 million and $5.8 million, respectively (2020 - $0.8 million and $1.2 million, respectively).
(2) | For the quarter and nine-month period ended September 30, 2021, the amortization expense of the purchased credit card relationship intangible asset amounted to $0.9 million and $2.7 million, respectively (2020 - $0.7 million and $1.6 million, respectively).
(3) | For the quarter and nine-month period ended September 30, 2021, the amortization expense of the insurance customer relationship intangible asset amounted to $38 thousand and $0.1 million, respectively (2020 - $39 thousand and $0.1 million, respectively).
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
The estimated aggregate annual amortization expense related to the intangible assets for future periods is as follows as of September 30, 2021:
|  |  | Amount |
|  |  | (In thousands) |
| 2021 | $ | 2,755 |
| 2022 |  | 8,816 |
| 2023 |  | 7,736 |
| 2024 |  | 6,416 |
| 2025 |  | 3,509 |
| 2026 and after |  | 3,457 |

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