At September 30, 2025 and December 31, 2024, the Company had goodwill of $843.3 million, from prior acquisitions.

Goodwill represents the excess of the total acquisition price paid over the fair value of the assets acquired, net of fair value

of liabilities assumed. As discussed in Note 2, “Business Combination,” a bargain purchase gain was recorded as a result of

Core deposit intangibles assets of $90.8 million were recognized as a result of the Merger. Core deposit intangible assets

values were determined by an analysis of the cost differential between the core deposits inclusive of estimated servicing

costs and alternative funding sources for core deposits acquired through business combinations. The core deposit intangible

assets recorded are amortized on an accelerated basis over a period of 8 years. No impairment losses separate from the

scheduled amortization have been recognized in the periods presented. Other intangibles acquired of $23.5 million related

to a DUS license was recognized related to the Merger. The value of the DUS licenses was determined by the average

value implied under the Base and Growth scenarios using market data available from comparable public companies.

The Company’s core deposit intangibles are amortized over their useful lives ranging from 6 to 10 years using the sum of

years digits. The weighted average remaining amortization period for core deposit intangibles was approximately 8 years as

of September 30, 2025. Trade name intangibles and DUS license intangibles have an indefinite life and are not amortized.

Aggregate amortization of intangible assets was $4.3 million, $3.3 million, $9.7 million and $10.7 million for the quarters

and nine months ended September 30, 2025 and 2024, respectively. The following table presents estimated future


(in thousands)		September 30, 2025
Period ending December 31,

2025		$7,480
2026		27,950
2027		22,173
2028		16,397
2029		11,558
Thereafter		18,657
Total future amortization expense		$104,215