XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Goodwill and Core Deposit Intangibles | 12 Months Ended
--- | ---
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Core Deposit Intangibles | 3. GOODWILL AND CORE DEPOSIT INTANGIBLES Changes in the carrying amount of the Company’s goodwill and core deposit intangibles for fiscal years 2024 and 2023 were as follows:
|  | Goodwill |  |  | Core Deposit Intangibles |
|  | (Dollars in thousands) |
Balance as of December 31, 2022 |  | $ | 3,231,636 |  |  | $ | 51,348 |
Less: |  |  |  |  |  |
Amortization |  |  | — |  |  |  | (12,676 | )
Add: |  |  |  |  |  |
First Bancshares merger |  |  | 164,450 |  |  |  | 25,322 |
Balance as of December 31, 2023 |  |  | 3,396,086 |  |  |  | 63,994 |
Less: |  |  |  |  |  |
Amortization |  |  | — |  |  |  | (15,670 | )
Add: |  |  |  |  |  |
Measurement period adjustment of First Bancshares merger |  |  | 316 |  |  |  | — |
Lone Star merger |  |  | 106,727 |  |  |  | 17,723 |
Balance as of December 31, 2024 |  | $ | 3,503,129 |  |  | $ | 66,047 |
Management performs an evaluation annually, and more frequently if a triggering event occurs, of whether any impairment of the goodwill or core deposit intangibles has occurred. If any such impairment is determined, a write down is recorded. Based on the Company’s annual goodwill impairment test, management does no t believe any of its goodwill is impaired as of December 31, 2024. Core deposit intangibles are being amortized on a non-pro rata basis over their estimated lives, which the Company believes is between 10 and 15 years. The estimated aggregate future amortization expense for core deposit intangibles remaining as of December 31, 2024 is as follows (dollars in thousands):
2025 |  | $ | 14,441 |
2026 |  |  | 12,763 |
2027 |  |  | 11,262 |
2028 |  |  | 9,958 |
Thereafter |  |  | 17,623 |
Total |  | $ | 66,047 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration