Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.23.3
GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2023 and December 31, 2022 (dollars in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Wholesale Banking

​

Consumer Banking

​

Corporate Other

​

Total

September 30, 2023

 

​

  

 

​

  

 

​

  

​

​

  

Goodwill

​

$

639,180

​

$

286,031

​

$

—

​

$

925,211

Intangible Assets

​

 

1,366

​

 

1,108

​

 

18,803

​

 

21,277

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 September 30, 2023, the estimated remaining amortization expense of intangibles is as follows for the years ending (dollars in thousands):

​

​

​

​

For the remaining three months of 2023

​

$

2,095

2024

    

​

6,936

2025

​

​

5,289

2026

​

​

3,654

2027

​

​

2,068

Thereafter

​

​

1,235

Total estimated amortization expense

​

$

21,277

​