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Goodwill, Core Deposit Intangible and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill and Core Deposit Intangible Assets

The following table summarizes the changes in the Company’s goodwill and core deposit intangible assets for the years ended December 31, 2017, 2016 and 2015:

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

Goodwill

 

 

Core Deposit

Intangible

 

 

Goodwill

 

 

Core Deposit

Intangible

 

 

Goodwill

 

 

Core Deposit

Intangible

 

Beginning balance

 

$

51,975

 

 

$

19,776

 

 

$

25,688

 

 

$

22,275

 

 

$

25,613

 

 

$

25,245

 

Additions

 

 

 

 

 

 

 

 

26,287

 

 

 

486

 

 

 

75

 

 

 

 

Amortization or accretion

 

 

 

 

 

(3,056

)

 

 

 

 

 

(2,985

)

 

 

 

 

 

(2,970

)

Ending balance

 

$

51,975

 

 

$

16,720

 

 

$

51,975

 

 

$

19,776

 

 

$

25,688

 

 

$

22,275

 

Accumulated amortization or accretion

 

N/A

 

 

$

13,466

 

 

N/A

 

 

$

10,410

 

 

N/A

 

 

$

7,425

 

Weighted average remaining amortization or accretion period

 

N/A

 

 

5.6 Years

 

 

N/A

 

 

6.6 Years

 

 

N/A

 

 

7.5 Years

 

 

Estimated Amortization Expense for Core Deposit Intangible and Other Intangible Assets Recognized

The following table presents the estimated amortization expense for core deposit intangible and other intangible assets recognized at December 31, 2017:

 

 

 

Estimated

Amortization

 

2018

 

$

3,061

 

2019

 

 

3,050

 

2020

 

 

3,026

 

2021

 

 

3,017

 

2022

 

 

3,010

 

Thereafter

 

 

1,592

 

Total

 

$

16,756