XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.20.4

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Other Intangible Assets [Abstract] |
Goodwill and Other Intangible Assets | 8. Goodwill and Other Intangible Assets A summary of goodwill is as follows:
(In thousands) |  |  |
January 1, 2020 |  | $ | 274,769 |
Goodwill acquired |  |  | 5,772 |
December 31, 2020 |  | $ | 280,541 |
January 1, 2019 |  | $ | 274,769 |
Goodwill acquired |  |  | - |
December 31, 2019 |  | $ | 274,769 |
The Company has intangible assets with definite useful lives capitalized on its consolidated balance sheet in the form of core deposit and other identified intangible assets. These intangible assets are amortized over their estimated useful lives, which range primarily from one to twenty years. There was no impairment of goodwill recorded during the year ended December 31, 2020 and 2019. A summary of core deposit and other intangible assets follows:
|  | December 31, |
(In thousands) |  | 2020 |  |  | 2019 |
Core deposit intangibles: |  |  |  |  |  |
Gross carrying amount |  | $ | 8,951 |  |  | $ | 8,951 |
Less: accumulated amortization |  |  | 8,463 |  |  |  | 7,988 |
Net carrying amount |  | $ | 488 |  |  | $ | 963 |
Identified intangible assets: |  |  |  |  |  |  |  |
Gross carrying amount |  | $ | 27,057 |  |  | $ | 34,623 |
Less: accumulated amortization |  |  | 15,810 |  |  |  | 23,566 |
Net carrying amount |  | $ | 11,247 |  |  | $ | 11,057 |
Total intangibles: |  |  |  |  |  |  |  |
Gross carrying amount |  | $ | 36,008 |  |  | $ | 43,574 |
Less: accumulated amortization |  |  | 24,273 |  |  |  | 31,554 |
Net carrying amount |  | $ | 11,735 |  |  | $ | 12,020 |
Amortization expense on intangible assets with definite useful lives totaled $3.4 million for 2020, $3.6 million for 2019 and $4.0 million for 2018. Amortization expense on intangible assets with definite useful lives is expected to total $2.8 million for 2021, $2.2 million for 2022, $1.8 million for 2023, $1.5 million for 2024, $1.2 million for 2025 and $2.3 million thereafter. Other identified intangible assets include customer lists and non-compete agreements. During the years ended December 31, 2020 and 2019, there was no impairment of intangible assets.

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