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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of in Changes in Goodwill
At September 30, 2024 and December 31, 2023, goodwill was $70.7 million and $18.7 million, respectively. No impairment charges were recorded in the three and nine months ended September 30, 2024 and 2023.
September 30, 2024December 31, 2023
Balance, beginning of year$18,724 $18,724 
Acquired goodwill51,931 — 
Balance, end of period$70,655 $18,724 
Schedule of Changes in Other Intangible Assets
The following table presents changes in and components of other intangible assets for the three and nine months ended September 30, 2024 and 2023. The Company acquired core deposit intangibles of $35.9 million and customer relationship intangible assets associated with wealth and brokerage businesses totaling $10.4 million from the Merger. The core deposit intangible and customer relationship intangible assets are amortized based on the sum-of-the-years digits method over the expected life of 10 years. The Company also acquired an investment advisory business and related accounts with assets under management of $85.0 million on July 1, 2024. In connection with this acquisition, the Company recorded an intangible asset totaling $374 thousand associated with the customer list, which will be amortized based on the sum-of-the-years digits method over the expected life of seven years.
No impairment charges were recorded on other intangible assets during the three and nine months ended September 30, 2024 and September 30, 2023.
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Beginning of period$1,974 $2,589 $2,414 $3,078 
Acquired core deposit intangible35,860 — 35,860 — 
Acquired customer list10,774 289 10,774 289 
Amortization expense(2,464)(228)(2,904)(717)
Balance, end of period$46,144 $2,650 $46,144 $2,650 
Schedule of Components of Other Intangible Assets
The following table presents the components of other identifiable intangible assets at September 30, 2024 and December 31, 2023:
September 30, 2024December 31, 2023
Gross AmountAccumulated
Amortization		Gross AmountAccumulated
Amortization
Amortized intangible assets:
Core deposit intangible$44,250 $8,601 $8,390 $6,247 
Customer relationship intangibles11,063 568 289 18 
Total$55,313 $9,169 $8,679 $6,265 
Schedule of Estimated Aggregated Amortization Expense
The following table presents future estimated aggregate amortization expense for other identifiable intangible assets at September 30, 2024:
2024$2,407 
20258,970 
20267,877 
20276,784 
20285,693 
Thereafter14,413 
$46,144