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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 8 — Goodwill and Other Intangible Assets There were zero changes to the carrying amount of goodwill during the years ended December 31, 2024 or 2023. The components of the Company’s goodwill and other intangible assets are as follows:
(Dollars in thousands) December 31, 2024 | Gross Carrying Amount at Year End |  | Net Carrying Amount at the Beginning of the Year |  |  |  | Accumulated Amortization |  | Net Carrying Amount at Year End
Goodwill |  |  | $ | 128,679 |  |  |  |  | N/A |  | $ | 128,679 |
Other intangible assets: |  |  |  |  |  |  |  |  |
Core deposit intangibles | $ | 38,356 |  |  | $ | 27,412 |  |  |  |  | $ | (17,010) |  |  | $ | 21,346 |
Relationship based intangibles | 19,650 |  |  | 12,281 |  |  |  |  | (8,888) |  |  | 10,762 |
Tradename | 818 |  |  | 637 |  |  |  |  | (272) |  |  | 546 |
Naming rights | 5,250 |  |  | 5,122 |  |  |  |  | (431) |  |  | 4,819 |
Total | $ | 64,074 |  |  | $ | 45,452 |  |  |  |  | $ | (26,601) |  |  | $ | 37,473 |
December 31, 2023 |  |  |  |  |  |  |  |  |
Goodwill |  |  | $ | 128,679 |  |  |  |  | N/A |  | $ | 128,679 |
Other intangible assets: |  |  |  |  |  |  |  |  |
Core deposit intangibles | $ | 38,356 |  |  | $ | 34,940 |  |  |  |  | $ | (10,944) |  |  | $ | 27,412 |
Relationship based intangibles | 19,650 |  |  | 13,710 |  |  |  |  | (7,369) |  |  | 12,281 |
Tradename | 818 |  |  | 727 |  |  |  |  | (181) |  |  | 637 |
Non-compete | 903 |  |  | 452 |  |  |  |  | (903) |  |  | — |
Naming rights | 5,250 |  |  | — |  |  |  |  | (128) |  |  | 5,122 |
Total | $ | 64,977 |  |  | $ | 49,829 |  |  |  |  | $ | (19,525) |  |  | $ | 45,452 |
During the year ended December 31, 2023, the Company acquired naming and logo rights on certain facilities and properties for $5.3 million for a defined period of time. Amortization expense on other intangible assets totaled $8.0 million, $9.6 million and $5.5 million for the years ended December 31, 2024, 2023 and 2022, respectively, and was included as a component of other noninterest expense in the consolidated statements of income. Estimated future amortization expense for intangible assets remaining at December 31, 2024, was as follows:
(Dollars in thousands) Years Ended December 31, |
2025 | $ | 6,677 |
2026 | 5,619 |
2027 | 4,729 |
2028 | 4,008 |
2029 | 3,441 |
Thereafter | 12,999 |
Total | $ | 37,473 |

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- Definition The entire disclosure for goodwill and intangible assets. + 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
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