Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

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Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Jun. 30, 2015
Goodwill and Other Intangible Assets [Abstract]  
Goodwill by business segment

Business segments are based on segment leadership structure, which reflects how segment performance is monitored and assessed. We have five major business segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate (AFCRE), Regional Banking and The Huntington Private Client Group (RBHPCG), and Home Lending. A Treasury / Other function includes, along with technology and operations, other unallocated assets, liabilities, revenue, and expense.

A rollforward of goodwill by business segment for the first six-month period of 2015 is presented in the table below:

Retail &
Business Commercial Home Treasury/ Huntington
(dollar amounts in thousands) Banking Banking AFCRE RBHPCG Lending Other Consolidated
Balance, beginning of period $ 368,097 $ 59,594 $ --- $ 90,012 $ --- $ 4,838 $ 522,541
Goodwill acquired
during the period --- 155,828 --- --- --- --- 155,828
Adjustments --- --- --- --- --- --- ---
Impairment --- --- --- --- --- --- ---
Balance, end of period $ 368,097 $ 215,422 $ --- $ 90,012 $ --- $ 4,838 $ 678,369
Summary of other intangible assets

At June 30, 2015 and December 31, 2014, Huntington’s other intangible assets consisted of the following:

Gross Net
Carrying Accumulated Carrying
(dollar amounts in thousands) Amount Amortization Value
June 30, 2015
Core deposit intangible $ 400,058 $ (382,219) $ 17,839
Customer relationship 116,120 (71,366) 44,754
Other 25,164 (25,052) 112
Total other intangible assets $ 541,342 $ (478,637) $ 62,705
December 31, 2014
Core deposit intangible $ 400,058 $ (366,907) $ 33,151
Customer relationship 107,920 (66,534) 41,386
Other 25,164 (25,030) 134
Total other intangible assets $ 533,142 $ (458,471) $ 74,671
Estimated amortization expense of other intangible assets

The estimated amortization expense of other intangible assets for the remainder of 2015 and the next five years is as follows:

(dollar amounts Amortization
in thousands) Expense
2015 $ 7,700
2016 14,316
2017 12,908
2018 11,135
2019 9,825
2020 3,076