XML 35 R25.htm IDEA: XBRL DOCUMENT v3.25.3
GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 9 Months Ended
Sep. 30, 2025
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 year ended December 31, 2024 and the nine months ended September 30, 2025 (in thousands):
 GoodwillCDITotal
Balance, December 31, 2023$373,121 $5,684 $378,805 
Amortization— (2,626)(2,626)
Balance, December 31, 2024373,121 3,058 376,179 
Amortization— (1,252)(1,252)
Balance, September 30, 2025$373,121 $1,806 $374,927 
Schedule of Estimated Annual Amortization Expense
The following table presents the estimated amortization expense with respect to CDI as of September 30, 2025, for the periods indicated (in thousands):
Estimated Amortization
Remainder of 2025$315 
2026904 
2027426 
2028126 
202935 
 $1,806 
Schedule of Servicing Assets at Amortized Value
An analysis of the mortgage and SBA servicing rights for the three and nine months ended September 30, 2025 and 2024 is presented below (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Balance, beginning of the period$13,265 $14,010 $13,487 $14,649 
Additions—amounts capitalized550 391 1,793 1,175 
Additions—through purchase— 56 2 165 
Amortization (1)
(815)(827)(2,451)(2,430)
Fair value adjustments (2)
84 (21)253 50 
Impairment valuation adjustments (3)
— (6)— (6)
Balance, end of the period$13,084 $13,603 $13,084 $13,603 

(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.