XML 35 R14.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS The following table provides information on the significant components of goodwill and other acquired intangible assets at December 31, 2023 and December 31, 2022.
|  | December 31, 2023
(Dollars in thousands) |  | Gross Carrying Amount |  | Additions |  | Measurement Period Adjustments |  | Accumulated Impairment Charges |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life (in years)
Goodwill |  | $ | 65,476 |  |  | $ | — |  |  | $ | — |  |  | $ | (1,543) |  |  | $ | (667) |  |  | $ | 63,266 |  |  | —
Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangible |  | $ | 10,503 |  |  | $ | 48,648 |  |  | $ | — |  |  | $ | — |  |  | $ | (11,061) |  |  | $ | 48,090 |  |  | 3.7
Total other intangible assets |  | $ | 10,503 |  |  | $ | 48,648 |  |  | $ | — |  |  | $ | — |  |  | $ | (11,061) |  |  | $ | 48,090 |  |  |
|  | December 31, 2022
(Dollars in thousands) |  | Gross Carrying Amount |  | Measurement Period Adjustments |  | Accumulated Impairment Charges |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Remaining Life (in years)
Goodwill |  | $ | 65,631 |  |  | $ | (155) |  |  | $ | (1,543) |  |  | $ | (667) |  |  | $ | 63,266 |  |  | —
Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Amortizable |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangible |  | $ | 10,503 |  |  | $ | — |  |  | $ | — |  |  | $ | (4,956) |  |  | $ | 5,547 |  |  | 2.6
Total other intangible assets |  | $ | 10,503 |  |  | $ | — |  |  | $ | — |  |  | $ | (4,956) |  |  | $ | 5,547 |  |  |
The aggregate amortization expense was $6.1 million and $2.0 million for the years ended December 31, 2023 and 2022, respectively. At December 31, 2023, estimated future remaining amortization for amortizing core deposit intangible within the years ending December 31, is as follows:
(Dollars in thousands) |  | Amortization Expense
2024 |  | $ | 9,779 |
2025 |  | 8,589 |
2026 |  | 7,398 |
2027 |  | 6,208 |
2028 |  | 5,060 |
Thereafter |  | 11,056 |
Total amortizing intangible assets |  | $ | 48,090 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration