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Goodwill and Other Intangible Assets | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets (In Thousands) The carrying amounts of goodwill by operating segments for the six months ended June 30, 2024 are set forth in the table below.
| Community Banks |  | Insurance |  | Total
Balance at January 1, 2024 | $ | 988,898 |  |  | $ | 2,767 |  |  | $ | 991,665 |
Additions to goodwill and other adjustments | — |  |  | — |  |  | — |
Balance at June 30, 2024 | $ | 988,898 |  |  | $ | 2,767 |  |  | $ | 991,665 |
The following table provides a summary of finite-lived intangible assets as of the dates presented:
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
June 30, 2024 |  |  |  |  |
Core deposit intangibles | $ | 82,492 |  |  | $ | (70,185) |  |  | $ | 12,307 |
Customer relationship intangible | 7,670 |  |  | (3,580) |  |  | 4,090 |
Total finite-lived intangible assets | $ | 90,162 |  |  | $ | (73,765) |  |  | $ | 16,397 |
December 31, 2023 |  |  |  |  |
Core deposit intangibles | $ | 82,492 |  |  | $ | (68,383) |  |  | $ | 14,109 |
Customer relationship intangible | 7,670 |  |  | (2,984) |  |  | 4,686 |
Total finite-lived intangible assets | $ | 90,162 |  |  | $ | (71,367) |  |  | $ | 18,795 |
Current year amortization expense for finite-lived intangible assets is presented in the table below.
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Amortization expense for: |  |  |  |  |  |  |
Core deposit intangibles | $ | 888 |  |  | $ | 1,034 |  |  | $ | 1,802 |  |  | $ | 2,126 |
Customer relationship intangible | 298 |  |  | 335 |  |  | 596 |  |  | 669 |
Total intangible amortization | $ | 1,186 |  |  | $ | 1,369 |  |  | $ | 2,398 |  |  | $ | 2,795 |
The estimated amortization expense of finite-lived intangible assets for the year ending December 31, 2024 and the succeeding four years is summarized as follows:
| Core Deposit Intangibles |  | Customer Relationship Intangible |  | Total
2024 | $ | 3,498 |  |  | $ | 1,192 |  |  | $ | 4,690 |
2025 | 3,102 |  |  | 1,048 |  |  | 4,150 |
2026 | 2,899 |  |  | 860 |  |  | 3,759 |
2027 | 2,774 |  |  | 628 |  |  | 3,402 |
2028 | 1,836 |  |  | 483 |  |  | 2,319 |

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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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