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Core Deposit, Customer Relationship and Other Intangibles
 12 Months Ended
Dec. 31, 2019
Core Deposit, Customer Relationship and Other Intangibles [Abstract]  
Core Deposit, Customer Relationship and Other Intangibles

NOTE 13 — CORE DEPOSIT, CUSTOMER RELATIONSHIP AND OTHER INTANGIBLES

Core deposit, customer relationship and other intangibles at December 31, 2019 and 2018 consists of the following:

December 31,
20192018
(In thousands)
Core deposit$43,185$2,481
Customer relationship intangibles13,213888
Other intangibles567-
$56,965$3,369

In connection with the FDIC-assisted acquisition, the BBVAPR Acquisition and the Scotiabank PR & USVI Acquisition, Oriental recorded a core deposit intangible representing the value of checking and savings deposits acquired. At December 31, 2019 this core deposit intangible amounted to $43.2 million, including $41.5 from the Scotiabank PR & USVI Acquisition. At December 31, 2018 this core deposit intangible amounted to $2.5 million. In addition, Oriental recorded a customer relationship intangible representing the value of customer relationships acquired with the acquisition of the securities broker-dealer and insurance agency in the BBVAPR and insurance agency in the Scotiabank PR & USVI Acquisitions. At December 31, 2019 this customer relationship intangible amounted to $13.2 million, from which $12.7 million corresponded to the Scotiabank PR & USVI Acquisition. At December 31, 2018 this customer relationship intangible amounted to $888 thousand. Oriental also recorded other intangibles from the Scotiabank PR & USVI Acquisition which amounted to $567 thousand at December 31, 2019.