The following table presents the change in goodwill for the the years ended December 31, 2024, December 31, 2023, and December 31, 2022, (in thousands):


	December 31, 2024		December 31, 2023		December 31, 2022
Beginning of period	$	—	$	—	$	—
Acquired goodwill	32,783		—		—
Impairment	—		—		—

End of period	$	32,783	$	—	$	—

During the year ended, December 31, 2024, the Company recorded $32.8 million of goodwill associated with the acquisition of Summit. See Note 25 - Business Combination to the consolidated financial statements for additional detail regarding this transaction.

The Company performs the annual goodwill impairment test on September 30 every year.

Other intangible assets consist of the core deposit intangible which is being amortized on an accelerated basis over its estimated useful life of 7 years. During the year ended, December 31, 2024, the Company recorded $68.8 million of core deposit intangibles associated with the acquisition of Summit.

The gross carrying amounts and accumulated amortization of other intangible assets for the years ended December 31, 2024, December 31, 2023, and December 31, 2022, were as follows (in thousands):


	December 31, 2024		December 31, 2023		December 31, 2022
Beginning of period	$	—	$	—	$	—
Acquired core deposit intangible	68,760		—		—
Amortization	(11,460)		—		—
Impairment	—		—		—

Total core deposit intangible	$	57,300	$	—	$	—

The Company reviews other intangible assets for possible impairment whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. Total amortization expense associated with intangible assets was $11.5 million for the year ended December 31, 2024.

Estimated amortization expense for future years is as follows (in thousands):


	Estimated Amortization
2025	$	15,553
2026	13,097
2027	10,641
2028	8,186
2029	5,730
Thereafter	4,093
Total	$	57,300