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Goodwill and Core Deposit Intangibles (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
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

 
Estimated Aggregate Future Amortization Expense for Core Deposit Intangibles 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