Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.23.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 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 June 30, 2023 and December 31, 2022 (dollars in thousands):

Wholesale Banking

Consumer Banking

Corporate Other

Total

June 30, 2023

 

  

 

  

 

  

  

Goodwill

$

639,180

$

286,031

$

$

925,211

Intangible Assets

 

1,430

 

1,227

 

20,812

 

23,469

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

For the remaining six months of 2023

$

4,287

2024

    

6,935

2025

5,290

2026

3,654

2027

2,068

Thereafter

1,235

Total estimated amortization expense

$

23,469