XML 24 R17.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Goodwill and Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | (7) Goodwill and Intangible Assets The carrying amount of goodwill was $125,520 at June 30, 2024 and December 31, 2023. Acquired intangible assets, other than goodwill, as of June 30, 2024 and December 31, 2023 were as follows:
|  | June 30, 2024 |  |  | December 31, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangibles |  | $ | 12,668 |  |  | $ | 6,935 |  |  | $ | 5,733 |  |  |  | 12,668 |  |  |  | 6,178 |  |  | $ | 6,490 |
Total amortized intangible assets |  | $ | 12,668 |  |  | $ | 6,935 |  |  | $ | 5,733 |  |  | $ | 12,668 |  |  | $ | 6,178 |  |  | $ | 6,490 |
Aggregate core deposit intangible amortization expense was $366 and $399, for the three months ended June 30, 2024 and 2023, respectively. Aggregate core deposit intangible amortization expense was $757 and $797 for the six months ended June 30, 2024 and 2023, respectively. Activity for mortgage servicing rights ("MSRs") for the three and six months ended June 30, 2024 and June 30, 2023 were as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Loan Servicing Rights: |  |  |  |  |  |  |  |  |  |  |  |
Balance at Beginning of Period |  | $ | 2,999 |  |  | $ | 3,059 |  |  | $ | 3,018 |  |  | $ | 2,689 |
Additions |  |  | 59 |  |  |  | 88 |  |  |  | 109 |  |  |  | 524 |
Additions from acquisition |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Disposals |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Amortized to expense |  |  | (84 | ) |  |  | (91 | ) |  |  | (153 | ) |  |  | (157 | )
Other charges |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Change in valuation allowance |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance at End of Period |  | $ | 2,974 |  |  | $ | 3,056 |  |  | $ | 2,974 |  |  | $ | 3,056 |
There was no valuation allowance for the three and six months ended June 30, 2024 and June 30, 2023. Estimated amortization expense for each of the next five years and thereafter is as follows:
|  | MSRs |  |  | Core deposit intangibles |  |  | Total |
2024 |  | $ | 84 |  |  | $ | 721 |  |  | $ | 805 |
2025 |  |  | 168 |  |  |  | 1,312 |  |  |  | 1,480 |
2026 |  |  | 166 |  |  |  | 1,193 |  |  |  | 1,359 |
2027 |  |  | 162 |  |  |  | 1,071 |  |  |  | 1,233 |
2028 |  |  | 155 |  |  |  | 782 |  |  |  | 937 |
Thereafter |  |  | 2,239 |  |  |  | 654 |  |  |  | 2,893 |
|  | $ | 2,974 |  |  | $ | 5,733 |  |  | $ | 8,707 |

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://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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration