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Goodwill and Core Deposit Intangible Assets
 3 Months Ended
Mar. 31, 2025
Other Intangible Assets [Abstract]  
Other Intangibles Assets GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS
The carrying value of goodwill as of March 31, 2025 and December 31, 2024 is shown in the table below:
(In thousands)Goodwill
Balance at December 31, 2024
$94,697 
2025 Activity(1)
59,073 
Balance at March 31, 2025
$153,770 
(1)    On January 2, 2025, the Company completed the acquisition of Northway and generated $59.1 million of goodwill. Refer to Note 3 for additional details.

The carrying value of CDI assets at March 31, 2025 and December 31, 2025 is shown in the table below:
Core Deposit Intangible
(In thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Balance at December 31, 2024
$6,451 $(6,036)$415 
2025 activity
48,058 (1,473)46,585 
Balance at March 31, 2025
$54,509 $(7,509)$47,000 
(1)    On January 2, 2025, the Company completed its acquisition of Northway and recorded CDI assets of $48.1 million that will amortize over a ten year period. Refer to Note 3 for further details. For the three months ended March 31, 2025 and 2024, the Company recorded amortization expense of $1.5 million and $139,000, respectively, which was presented within non-interest expense on the consolidated statements of income.

The following table reflects the estimated amortization expense for CDI assets over the period of estimated economic benefit:
(In thousands)Core Deposit
Intangible Assets
2025$4,419 
20265,416 
20275,300 
20285,161 
20294,997 
Thereafter
21,707 
Total$47,000