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GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill and Intangible Assets
The following table summarizes the changes in the Company’s goodwill and other intangibles for the three months ended March 31, 2024, and the year ended December 31, 2023 (in thousands):
 GoodwillCDITotal
Balance, December 31, 2022$373,121 $9,440 $382,561 
Amortization— (3,756)(3,756)
Balance, December 31, 2023373,121 5,684 378,805 
Amortization— (723)(723)
Balance, March 31, 2024$373,121 $4,961 $378,082 
Schedule of Estimated Annual Amortization Expense
The following table presents the estimated amortization expense with respect to CDI as of March 31, 2024, for the periods indicated (in thousands):
Estimated Amortization
Remainder of 2024$1,902 
20251,567 
2026904 
2027426 
2028126 
Thereafter36 
 $4,961 
Schedule of Servicing Assets at Amortized Value
An analysis of the mortgage and SBA servicing rights for the three months ended March 31, 2024 and 2023 is presented below (in thousands):
 Three Months Ended March 31,
 20242023
Balance, beginning of the period$14,649 $16,166 
Additions—amounts capitalized306 136 
Additions—through purchase35 39 
Amortization (1)
(806)(847)
Fair value adjustments (2)
109 119 
Balance, end of the period (3)
$14,293 $15,613 
(1)    Amortization of mortgage servicing rights is recorded as a reduction of loan servicing income within mortgage banking operations and any unamortized balance is fully amortized if the loan repays in full.
(2)    Fair value adjustments relate to SBA servicing rights. These adjustments are estimated based on an independent dealer analysis by discounting estimated net future cash flows from servicing SBA loans.
(3)    There was no valuation allowance on mortgage servicing rights as of both March 31, 2024 and 2023.