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Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill is the excess of the fair value of the consideration transferred over the fair value of the net assets acquired and the liabilities assumed as of the acquisition date. Core deposit intangibles represent the estimated future benefit of deposits related to an acquisition, are recorded separately as an asset and amortized over an estimated useful life of 10 years. Goodwill and other intangible assets are evaluated for impairment annually or whenever events or circumstances indicate the carrying amount may be impaired.

The following table summarizes the changes in the Company’s goodwill and core deposit intangible assets for the three and nine months ended September 30, 2024 and 2023:

For Three Months Ended September 30,
20242023
GoodwillCore Deposit
 Intangibles		GoodwillCore Deposit
 Intangibles
Beginning Balance$96,379 $9,769 $53,777 $— 
Additions— — — — 
Amortizations— (251)— — 
Ending Balance$96,379 $9,518 $53,777 $— 

For Nine Months Ended September 30,
20242023
GoodwillCore Deposit
 Intangibles		GoodwillCore Deposit
 Intangibles
Beginning Balance$53,777 $— $53,777 $68 
Additions42,602 10,019 — — 
Amortizations— (501)— (68)
Ending Balance$96,379 $9,518 $53,777 $— 


The following tables presents the estimated amortization expense for core deposit intangible assets remaining at September 30, 2024:
Estimated
Amortization
2024$250 
20251,002 
20261,002 
20271,002 
20281,002 
Thereafter5,260 
Total$9,518