Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.23.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets by operating segment

The following table presents the Company’s goodwill and intangible assets by operating segment as of March 31, 2023 and December 31, 2022 (dollars in thousands):

Wholesale Banking

Consumer Banking

Corporate Other

Total

As of March 31, 2023

Goodwill

$

639,180

$

286,031

$

$

925,211

Intangible assets

1,494

69

22,919

24,482

As of December 31, 2022

Goodwill

$

639,180

$

286,031

$

$

925,211

Intangible assets

1,558

75

25,128

26,761

Estimated Remaining Amortization Expense of Intangibles

As of March 31, 2023, the estimated remaining amortization expense of intangibles is as follows for the years ending (dollars in thousands):

For the remaining nine months of 2023

$

6,239

2024

    

6,753

2025

5,155

2026

3,559

2027

1,986

Thereafter

790

Total estimated amortization expense

$

24,482