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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Changes in Goodwill, by Reporting Unit

The following table presents the changes in goodwill, by reporting unit, during the periods indicated:

 

(Amounts in thousands)    Community
Banking
     Insurance
Services
     Total  

Balance January 1, 2014

   $ 96,541      $ 8,914      $ 105,455  

Acquisitions and dispositions, net

     (6,454      —          (6,454

Cash consideration paid

     1,368        353        1,721  
  

 

 

    

 

 

    

 

 

 

Balance December 31, 2014

   $ 91,455      $ 9,267      $ 100,722  
  

 

 

    

 

 

    

 

 

 

Balance January 1, 2015

   $ 91,455      $ 9,267      $ 100,722  

Acquisitions and dispositions, net

     —          (324      (324

Cash consideration paid

     —          88        88  
  

 

 

    

 

 

    

 

 

 

Balance December 31, 2015

   $ 91,455      $ 9,031      $ 100,486  
  

 

 

    

 

 

    

 

 

 

Balance January 1, 2016

   $ 91,455      $ 9,031      $ 100,486  

Acquisitions and dispositions, net

     1,290        (5,997      (4,707

Other (1)

     3,034        (3,034      —    
  

 

 

    

 

 

    

 

 

 

Balance December 31, 2016

   $ 95,779      $ —        $ 95,779  
  

 

 

    

 

 

    

 

 

 

 

(1) Represents the transfer of goodwill after the sale of Greenpoint to one reporting unit
Components of Other Intangible Assets, by Reporting Unit

The following table presents the components of other intangible assets, by reporting unit, as of the dates indicated:

 

     December 31,  
     2016     2015  
(Amounts in thousands)    Total     Community
Banking
    Insurance
Services
    Total  

Core deposit intangibles

   $ 11,536     $ 12,282     $ —       $ 12,282  

Accumulated amortization

     (4,515     (7,958     —         (7,958
  

 

 

   

 

 

   

 

 

   

 

 

 

Core deposit intangibles, net

     7,021       4,324       —         4,324  

Other identifiable intangibles

     3,508       535       3,711       4,246  

Accumulated amortization

     (3,322     (464     (2,863     (3,327
  

 

 

   

 

 

   

 

 

   

 

 

 

Other identifiable intangibles, net

     186       71       848       919  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total other intangible assets, net

   $ 7,207     $ 4,395     $ 848     $ 5,243  
  

 

 

   

 

 

   

 

 

   

 

 

 
Estimated Amortization Expense for Intangible Assets, by Year

The following schedule presents the estimated amortization expense for intangible assets, by year, as of December 31, 2016:

 

(Amounts in thousands)       

2017

   $ 1,029  

2018

     1,029  

2019

     1,029  

2020

     1,029  

2021

     1,015  

2022 and thereafter

     2,034  
  

 

 

 
   $ 7,165