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Other Assets (Tables)
12 Months Ended
Dec. 31, 2024
Other Assets.  
Schedule of carrying amount of goodwill reported in reporting units

Retail

Commercial

(in thousands)

    

Banking

    

Banking

    

Total

December 31, 2024

$

687,492

$

308,000

$

995,492

December 31, 2023

687,492

308,000

995,492

Schedule of estimated future amortization expense for MSRs

Estimated

(dollars in thousands)

  

Amortization

Year ending December 31:

Under one year

$

758

One to two years

669

Two to three years

589

Three to four years

519

Four to five years

460

Schedule of details of the Company's MSRs

December 31, 

(dollars in thousands)

  

2024

  

2023

Gross carrying amount

$

69,903

$

69,515

Less: accumulated amortization

64,825

63,816

Net carrying value

$

5,078

$

5,699

Schedule of changes in amortized MSRs

Year Ended December 31, 

(dollars in thousands)

  

2024

  

2023

Balance at beginning of year

$

5,699

$

6,562

Originations

388

242

Amortization

(1,009)

(1,105)

Balance at end of year

$

5,078

$

5,699

Fair value of amortized MSRs at beginning of year

$

14,308

$

15,193

Fair value of amortized MSRs at end of year

$

13,404

$

14,308

Balance of loans serviced for others

$

1,258,268

$

1,325,171

Schedule of quantitative assumptions used in determining lower of cost or fair value of MSRs

December 31, 2024

December 31, 2023

Weighted

Weighted

  

Range

Average

Range

Average

Conditional prepayment rate

6.99

%

-

11.77

%

7.16

%

6.87

%

-

11.53

%

7.04

%

Life in years (of the MSR)

4.14

-

7.02

6.94

4.30

-

7.22

7.09

Weighted-average coupon rate

3.71

%

-

5.66

%

3.80

%

3.57

%

-

5.81

%

3.73

%

Discount rate

10.35

%

-

10.94

%

10.40

%

10.40

%

-

10.60

%

10.52

%