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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Carrying Amount of Goodwill | Changes in the carrying amount of the Corporation's goodwill by business segment for the six months ended June 30, 2025 were as follows:
(Dollars in thousands) | Banking |  | Wealth Management |  | Insurance |  | Consolidated
Balance at December 31, 2024 | $ | 138,476 |  |  | $ | 15,434 |  |  | $ | 21,600 |  |  | $ | 175,510 |
Addition to goodwill from acquisitions | — |  |  | — |  |  | — |  |  | — |
Balance at June 30, 2025 | $ | 138,476 |  |  | $ | 15,434 |  |  | $ | 21,600 |  |  | $ | 175,510 |
Components of Intangible Assets | The following table reflects the components of intangible assets at the dates indicated:
| At June 30, 2025 |  | At December 31, 2024
(Dollars in thousands) | Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization (1) |  | Net Carrying Amount
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Core deposit intangibles | $ | 5,268 |  |  | $ | 5,172 |  |  | $ | 96 |  |  | $ | 6,788 |  |  | $ | 6,597 |  |  | $ | 191 |
Customer related intangibles | 2,476 |  |  | 1,514 |  |  | 962 |  |  | 2,476 |  |  | 1,348 |  |  | 1,128 |
Servicing rights | 12,632 |  |  | 5,723 |  |  | 6,909 |  |  | 12,274 |  |  | 5,284 |  |  | 6,990 |
Total amortized intangible assets | $ | 20,376 |  |  | $ | 12,409 |  |  | $ | 7,967 |  |  | $ | 21,538 |  |  | $ | 13,229 |  |  | $ | 8,309 |
(1) Included within accumulated amortization is a valuation allowance of $21 thousand and $7 thousand on servicing rights at June 30, 2025 and December 31, 2024, respectively.
Estimated Aggregate Amortization Expense | The estimated aggregate amortization expense for core deposit and customer-related intangibles for the remainder of 2025 and the succeeding fiscal years is as follows:
Year | (Dollars in thousands) | Amount
Remainder of 2025 |  | $ | 208 |
2026 |  | 318 |
2027 |  | 216 |
2028 |  | 161 |
2029 |  | 105 |
Thereafter |  | 50 |
Total |  | $ | 1,058 |
Changes In Servicing Rights | Changes in the servicing rights balance are summarized as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(Dollars in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Beginning of period | $ | 6,872 |  |  | $ | 5,681 |  |  | $ | 6,990 |  |  | $ | 8,982 |
Servicing rights capitalized | 464 |  |  | 537 |  |  | 747 |  |  | 963 |
Amortization of servicing rights | (432) |  |  | (136) |  |  | (814) |  |  | (477) |
Sold servicing rights | — |  |  | — |  |  | — |  |  | (3,466) |
Changes in valuation allowance | 5 |  |  | 1 |  |  | (14) |  |  | 81 |
End of period | $ | 6,909 |  |  | $ | 6,083 |  |  | $ | 6,909 |  |  | $ | 6,083 |
Loans serviced for others | $ | 1,049,499 |  |  | $ | 933,873 |  |  | $ | 1,049,499 |  |  | $ | 933,873 |
Activity In Valuation Allowance For Servicing Rights | Activity in the valuation allowance for servicing rights was as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(Dollars in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Valuation allowance, beginning of period | $ | (26) |  |  | $ | (18) |  |  | $ | (7) |  |  | $ | (98) |
Additions | — |  |  | — |  |  | (14) |  |  | — |
Reductions | 5 |  |  | 1 |  |  | — |  |  | 81 |
Valuation allowance, end of period | $ | (21) |  |  | $ | (17) |  |  | $ | (21) |  |  | $ | (17) |
Estimated Amortization Expense of Servicing Rights | The estimated amortization expense of servicing rights for the remainder of 2025 and the succeeding fiscal years is as follows:
Year | (Dollars in thousands) | Amount
Remainder of 2025 |  | $ | 1,118 |
2026 |  | 941 |
2027 |  | 794 |
2028 |  | 673 |
2029 |  | 570 |
Thereafter |  | 2,813 |
Total |  | $ | 6,909 |

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