XML 26 R14.htm IDEA: XBRL DOCUMENT

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2024

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

NOTE F: GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

The gross carrying amount and accumulated amortization for each type of identifiable intangible asset are as follows:


		June 30, 2024									December 31, 2023
		Gross						Net			Gross						Net
		Carrying			Accumulated			Carrying			Carrying			Accumulated			Carrying
(000’s omitted)		Amount			Amortization			Amount			Amount			Amortization			Amount
Amortizing intangible assets:
Core deposit intangibles		$	77,373		$	(70,922)		$	6,451		$	77,373		$	(69,214)		$	8,159
Other intangibles			134,303			(87,232)			47,071			125,919			(81,487)			44,432
Total amortizing intangibles		$	211,676		$	(158,154)		$	53,522		$	203,292		$	(150,701)		$	52,591

The estimated aggregate amortization expense for each of the five succeeding fiscal years ended December 31 is as follows:


(000’s omitted)
Jul - Dec 2024		$	6,737
2025			12,100
2026			10,645
2027			4,925
2028			3,727
Thereafter			15,388
Total		$	53,522

Shown below are the components of the Company’s goodwill at December 31, 2023 and June 30, 2024:


(000’s omitted)		December 31, 2023			Additions			June 30, 2024
Goodwill		$	845,396		$	6,862		$	852,258