XML 57 R40.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
Goodwill and intangible assets consist of the following:
(Dollars in thousands)December 31,
2022		December 31,
2021
Goodwill$233,709 $233,727 
December 31, 2022December 31, 2021
(Dollars in thousands)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Core deposit intangibles$43,578 $(35,347)$8,231 $43,578 $(31,800)$11,778 
Software intangible asset16,932 (6,702)10,230 16,932 (2,469)14,463 
Other intangible assets30,410 (16,813)13,597 29,560 (12,672)16,888 
$90,920 $(58,862)$32,058 $90,070 $(46,941)$43,129 
Schedule of Changes in Goodwill and Intangible Assets by Operating Segment
The changes in goodwill and intangible assets by operating segment during the year are as follows:
(Dollars in thousands)
December 31, 2022BankingFactoringPaymentsCorporateTotal
Beginning balance$119,306 $63,275 $94,275 $— $276,856 
Acquired goodwill— — — — — 
Acquired goodwill - measurement period adjustment— — (18)— (18)
Acquired intangibles751 — — 100 851 
Amortization of intangibles(3,761)(2,293)(5,868)— (11,922)
Ending balance$116,296 $60,982 $88,389 $100 $265,767 
(Dollars in thousands)
December 31, 2021BankingFactoringPaymentsCorporateTotal
Beginning balance$123,882 $66,040 $— $— $189,922 
Acquired goodwill— — 73,697 — 73,697 
Acquired goodwill - measurement period adjustment— 59 (3,238)— (3,179)
Acquired intangibles— — 27,292 — 27,292 
Amortization of intangibles(4,576)(2,824)(3,476)— (10,876)
Ending balance$119,306 $63,275 $94,275 $— $276,856 
(Dollars in thousands)
December 31, 2020BankingFactoringPaymentsCorporateTotal
Beginning balance$129,272 $61,014 $— $— $190,286 
Acquired goodwill— 4,466 — — 4,466 
Acquired intangibles— 3,500 — — 3,500 
Amortization of intangibles(5,390)(2,940)— — (8,330)
Ending balance$123,882 $66,040 $— $— $189,922 
Schedule of Future Amortization Schedule for the Company's Intangible Assets
The future amortization schedule for the Company’s intangible assets with finite lives is as follows:
(Dollars in thousands)
2023$10,482 
20249,159 
20255,400 
20262,480 
20271,571 
Thereafter2,115 
$31,207 
Amortization schedule excludes $851,000 of indefinite lived intangible assets.