XML 63 R37.htm IDEA: XBRL DOCUMENT v3.24.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
(In thousands)BankingInsuranceWealth ManagementTotal
Balance at January 1, 2022$64,369 $19,867 $8,211 $92,447 
Adjustment to goodwill155 155 
Balance at December 31, 202264,524 19,867 8,211 92,602 
Adjustment to goodwill
Balance at December 31, 2023$64,524 $19,867 $8,211 $92,602 
Schedule of amortizing intangible assets
The following table provides information regarding the Company's amortizing intangible assets:
December 31, 2023Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
(In thousands)
Amortized intangible assets:
Core deposit intangible$18,774 $18,774 $
Customer relationships9,048 7,948 1,100 
Other intangibles6,921 5,694 1,227 
Total intangible assets$34,743 $32,416 $2,327 

December 31, 2022Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
(In thousands)
Amortized intangible assets:
Core deposit intangible$18,774 $18,774 $
Customer relationships9,048 7,632 1,416 
Other intangibles6,887 5,595 1,292 
Total intangible assets$34,709 $32,001 $2,708 
Schedule of estimated amortization expense The estimated aggregate future amortization expense for intangible assets remaining as of December 31, 2023 is as follows:
Estimated amortization expense:1
(In thousands)
For the year ended December 31, 2024$294 
For the year ended December 31, 2025264 
For the year ended December 31, 2026225 
For the year ended December 31, 2027196 
For the year ended December 31, 202841 
 1Excludes the amortization of mortgage servicing rights. Amortization of mortgage servicing rights was $81,000 in 2023, $128,000 in 2022 and $182,000 in 2021.