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GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | 5. GOODWILL AND INTANGIBLE ASSETS The Company’s intangible assets consist of core deposits, goodwill, and other intangibles arising from previous acquisitions. The Company has determined that its core deposit intangibles have finite lives and they are amortized over their estimated useful lives, which ranges from four years to ten years, using an accelerated method. Other amortizable intangible assets are being amortized over the period of expected benefit, which ranges from four years to ten years, using various methods. The Company concluded that there was no impairment to goodwill or intangible assets as of the balance sheet date. In the normal course of business, the Company routinely monitors the impact of the changes in the financial markets and includes these assessments in the Company’s impairment process. As a result of the American National acquisition, the Company recorded goodwill totaling $288.8 million at March 31, 2025. See Note 2 “Acquisitions” in Part I, Item I of this Quarterly Report for more information on the American National acquisition. The following table presents the Company’s goodwill and intangible assets by operating segment as of the periods ended (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Wholesale Banking | ​ | Consumer Banking | ​ | Corporate Other | ​ | Total
March 31, 2025 |  | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |
Goodwill | ​ | $ | 850,035 | ​ | $ | 364,018 | ​ | $ | — | ​ | $ | 1,214,053
Intangible Assets | ​ |  | 8,410 | ​ |  | 737 | ​ |  | 70,018 | ​ |  | 79,165
December 31, 2024 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Goodwill | ​ | $ | 850,035 | ​ | $ | 364,018 | ​ | $ | — | ​ | $ | 1,214,053
Intangible Assets | ​ |  | 8,714 | ​ |  | 778 | ​ |  | 75,071 | ​ |  | 84,563
​ Amortization expense of intangibles for the three months ended March 31, 2025 and 2024 totaled $5.4 million and $1.9 million, respectively. As of March 31, 2025, the estimated remaining amortization expense of intangibles is as follows for the years ending (dollars in thousands):
​ | ​ | ​ | ​
For the remaining nine months of 2025 |  | $ | 14,551
2026 | ​ | ​ | 16,245
2027 | ​ | ​ | 12,936
2028 | ​ | ​ | 10,151
2029 | ​ | ​ | 7,872
Thereafter | ​ | ​ | 17,410
Total estimated amortization expense | ​ | $ | 79,165
​

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- 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
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