XML 41 R31.htm IDEA: XBRL DOCUMENT v3.25.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
The following table presents changes in the carrying amount of goodwill for the three months ended March 31, 2025 and 2024:
Three Months Ended
March 31,
(dollars in thousands)20252024
Balance, beginning of period$111,787 $37,803 
Adjustments to goodwill(1)
(7)— 
Balance, end of period$111,780 $37,803 
(1)During the three months ended March 31, 2025, the goodwill adjustments were related to a true-up of the low-income housing tax credit investments acquired from the CALB merger, offset by CALB state net operating losses that cannot be utilized post-merger.
Schedule of Changes in Core Deposit Intangibles The following table presents the changes in intangible assets for the three months ended March 31, 2025 and 2024.
Three Months Ended
March 31,
(dollars in thousands)20252024
Gross balance, beginning of period$27,138 $4,185 
Additions
— — 
Gross balance, end of period$27,138 $4,185 
Accumulated amortization:
Balance, beginning of period$(4,867)$(2,990)
Amortization(948)(65)
Balance, end of period(5,815)(3,055)
Intangible assets, net, end of period
$21,323 $1,130 
Schedule of Future Estimated Amortization Expense
Future estimated amortization expense is as follows:
(dollars in thousands)Amount
Remainder of 2025$2,844 
20263,138 
20272,761 
20282,465 
20292,160 
Thereafter7,955 
$21,323