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Goodwill and Other Intangible Assets | 6 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets as of June 30, 2019, December 31, 2018, and June 30, 2018 and the carrying amount of unamortized intangible assets as of those same dates.
|  | June 30, 2019 |  | December 31, 2018 |  | June 30, 2018
($ in thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer lists |  | $ | 6,013 |  |  | 1,911 |  |  | 6,013 |  |  | 1,637 |  |  | 6,013 |  |  | 1,185 |
Core deposit intangibles |  | 28,440 |  |  | 18,648 |  |  | 28,440 |  |  | 16,469 |  |  | 28,440 |  |  | 12,803 |
SBA servicing asset |  | 6,956 |  |  | 1,674 |  |  | 5,472 |  |  | 1,053 |  |  | 3,348 |  |  | 319 |
Other |  | 1,303 |  |  | 1,078 |  |  | 1,303 |  |  | 957 |  |  | 1,303 |  |  | 718 |
Total |  | $ | 42,712 |  |  | 23,311 |  |  | 41,228 |  |  | 20,116 |  |  | 39,104 |  |  | 15,025 |
Unamortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 234,368 |  |  |  |  | 234,368 |  |  |  |  | 232,458 |  |  |
The Company recorded $1,484,000 and $1,972,000 in servicing assets associated with the guaranteed portion of SBA loans originated and sold during the first six months of 2019 and 2018, respectively. During the first six months of 2019 and 2018, the Company recorded $621,000 and $351,000, respectively, in related amortization expense. Servicing assets are recorded for loans, or portions thereof, that the Company has sold but continue to service for a fee. Servicing assets are recorded at fair value and amortized over the expected lives of the related loans and are tested for impairment on a quarterly basis. SBA servicing asset amortization expense is recorded within noninterest income to offset SBA servicing fees. Amortization expense of all other intangible assets totaled $1,242,000 and $1,506,000 for the three months ended June 30, 2019 and 2018, respectively, and $2,574,000 and $3,066,000 for the six months ended June 30, 2019 and 2018, respectively. The following table presents the estimated amortization expense schedule related to acquisition-related amortizable intangible assets. These amounts will be recorded as "Intangibles amortization expense" within the noninterest expense section of the Consolidated Statements of Income. These estimates are subject to change in future periods to the extent management determines it is necessary to make adjustments to the carrying value or estimated useful lives of amortized intangible assets. Additionally, as noted in the table above, the Company has a SBA servicing asset at June 30, 2019 with a remaining book value of $5,282,000. This servicing asset will be amortized over the lives of the related loans, with such amortization expense recorded as a reduction of servicing income within the line item "Other service charges, commissions and fees" of the Consolidated Statements of Income.
($ in thousands) |  | Estimated Amortization Expense
July 1 to December 31, 2019 |  | $ | 2,284 |
2020 |  | 3,841 |
2021 |  | 2,927 |
2022 |  | 2,022 |
2023 |  | 1,041 |
Thereafter |  | 2,004 |
Total |  | $ | 14,119 |

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- 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
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