XML 54 R39.htm IDEA: XBRL DOCUMENT
v3.24.3

Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill and Other Intangibles | Changes in the carrying amount and accumulated amortization of the Company’s core deposit premiums and other intangible assets at September 30, 2024 and December 31, 2023 were as follows:
| September 30, |  | December 31,
(In thousands) | 2024 |  | 2023
Core deposit premiums: |  |  |
Balance, beginning of year | $ | 101,344 |  |  | $ | 116,016 |
Amortization | (10,327) |  |  | (14,672) |
Balance, end of period | 91,017 |  |  | 101,344 |
Books of business and other intangibles: |  |  |
Balance, beginning of year | 11,301 |  |  | 12,935 |
Amortization | (1,225) |  |  | (1,634) |
Balance, end of period | 10,076 |  |  | 11,301 |
Total other intangible assets, net | $ | 101,093 |  |  | $ | 112,645 |
The carrying basis and accumulated amortization of the Company’s other intangible assets at September 30, 2024 and December 31, 2023 were as follows:
| September 30, |  | December 31,
(In thousands) | 2024 |  | 2023
Core deposit premiums: |  |  |
Gross carrying amount | $ | 177,624 |  |  | $ | 187,467 |
Accumulated amortization | (86,607) |  |  | (86,123) |
Core deposit premiums, net | 91,017 |  |  | 101,344 |
Books of business and other intangibles: |  |  |
Gross carrying amount | 22,068 |  |  | 22,068 |
Accumulated amortization | (11,992) |  |  | (10,767) |
Books of business and other intangibles, net | 10,076 |  |  | 11,301 |
Total other intangible assets, net | $ | 101,093 |  |  | $ | 112,645 |
Schedule of Estimated Remaining Amortization Expense | The Company’s estimated remaining amortization expense on other intangible assets as of September 30, 2024 is as follows:
(In thousands) | Year |  | Amortization Expense
| Remainder of 2024 |  | $ | 3,851 |
| 2025 |  | 12,819 |
| 2026 |  | 12,346 |
| 2027 |  | 12,218 |
| 2028 |  | 11,312 |
| Thereafter |  | 48,547 |
| Total |  | $ | 101,093 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + 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
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration