XML 13 R16.htm IDEA: XBRL DOCUMENT
v3.19.3

Goodwill and Other Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets (In Thousands) The carrying amounts of goodwill by operating segments for the nine months ended September 30, 2019 were as follows:
| Community Banks |  | Insurance |  | Total
Balance at January 1, 2019 | $ | 930,161 |  |  | $ | 2,767 |  |  | $ | 932,928 |
Measurement period adjustment to goodwill from Brand acquisition | 6,755 |  |  | — |  |  | 6,755 |
Balance at September 30, 2019 | $ | 936,916 |  |  | $ | 2,767 |  |  | $ | 939,683 |
The addition to goodwill from the Brand acquisition is due to changes in estimated values of assets acquired and liabilities assumed in the Brand acquisition. This addition is primarily related to measurement period adjustments on the fair value of loans, debt and other assets. The purchase accounting related to the Brand acquisition is now final. The following table provides a summary of finite-lived intangible assets as of the dates presented:
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
September 30, 2019 |  |  |  |  |
Core deposit intangibles | $ | 82,492 |  |  | $ | (44,694 | ) |  | $ | 37,798 |
Customer relationship intangible | 1,970 |  |  | (1,061 | ) |  | 909 |
Total finite-lived intangible assets | $ | 84,462 |  |  | $ | (45,755 | ) |  | $ | 38,707 |
December 31, 2018 |  |  |  |  |
Core deposit intangibles | $ | 82,492 |  |  | $ | (38,634 | ) |  | $ | 43,858 |
Customer relationship intangible | 1,970 |  |  | (963 | ) |  | 1,007 |
Total finite-lived intangible assets | $ | 84,462 |  |  | $ | (39,597 | ) |  | $ | 44,865 |
Current year amortization expense for finite-lived intangible assets is presented in the table below.
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Amortization expense for: |  |  |  |  |  |  |
Core deposit intangibles | $ | 1,963 |  |  | $ | 1,732 |  |  | $ | 6,060 |  |  | $ | 4,911 |
Customer relationship intangible | 33 |  |  | 33 |  |  | 99 |  |  | 99 |
Total intangible amortization | $ | 1,996 |  |  | $ | 1,765 |  |  | $ | 6,159 |  |  | $ | 5,010 |
The estimated amortization expense of finite-lived intangible assets for the year ending December 31, 2019 and the succeeding four years is summarized as follows:
| Core Deposit Intangibles |  | Customer Relationship Intangible |  | Total
2019 | $ | 7,965 |  |  | $ | 131 |  |  | $ | 8,096 |
2020 | 6,939 |  |  | 131 |  |  | 7,070 |
2021 | 5,860 |  |  | 131 |  |  | 5,991 |
2022 | 4,940 |  |  | 131 |  |  | 5,071 |
2023 | 4,044 |  |  | 131 |  |  | 4,175 |

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 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration