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Note 8 - Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | NOTE 8 Goodwill and Other Intangible Assets As of December 31, 2024 and 2023, goodwill totaled $85.6 million and $46.8 million, respectively. The following table summarizes the carrying amounts of goodwill, by segment, as of December 31, 2024 and 2023:
|  | December 31, |  |  | December 31, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
Banking |  | $ | 74,111 |  |  | $ | 35,260 |
Retirement and benefit services |  |  | 11,523 |  |  |  | 11,523 |
Total goodwill |  | $ | 85,634 |  |  | $ | 46,783 |
The gross carrying amount and accumulated amortization for each type of identifiable intangible asset are as follows:
|  | December 31, 2024 |  |  | December 31, 2023 |
(dollars in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Total |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Total |
Identifiable customer intangibles |  | $ | 41,423 |  |  | $ | (33,736 | ) |  | $ | 7,687 |  |  | $ | 41,423 |  |  | $ | (29,959 | ) |  | $ | 11,464 |
Core deposit intangible assets |  |  | 41,092 |  |  |  | (4,897 | ) |  |  | 36,195 |  |  |  | 7,592 |  |  |  | (1,898 | ) |  |  | 5,694 |
Total intangible assets |  | $ | 82,515 |  |  | $ | (38,633 | ) |  | $ | 43,882 |  |  | $ | 49,015 |  |  | $ | (31,857 | ) |  | $ | 17,158 |
Aggregate amortization expense for the years ended December 31, 2024, 2023, and 2022 was $6.8 million, $5.3 million, and $4.8 million, respectively. Estimated aggregate amortization expense for future years is as follows:
(dollars in thousands) |  | Amount |
2025 |  | $ | 10,511 |
2026 |  |  | 7,569 |
2027 |  |  | 6,389 |
2028 |  |  | 5,516 |
2029 |  |  | 4,512 |
Thereafter |  |  | 9,385 |
Total |  | $ | 43,882 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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