Business Combinations (Tables)

12 Months Ended

Dec. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Estimated Fair Values of the Assets Acquired and the Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and the liabilities assumed by the Company at the date of the acquisition for Trident, net of total consideration paid (in thousands):

	At April 1, 2022
	Estimated Fair Value
Total purchase price:	$	7,084
Assets acquired:
Cash and cash equivalents	$	45,693
Other current and non-current assets	1,116
Total assets acquired	46,809
Liabilities assumed:
Lease liability	779
Other liabilities	43,937
Total liabilities assumed	$	44,716
Net assets acquired	$	2,093
Net assets attributable to non-controlling interest	$	836
Goodwill recorded	$	5,827

Schedule of Merger Related Expenses

The following table summarizes the merger related expenses for the years ended December 31, 2023, 2022 and 2021:

	For the Year Ended December 31,
	2023		2022		2021
	(in thousands)
Data processing fees	$	10	$	790	$	253
Professional fees	12		1,936		343
Employee severance payments	—		7		663
Other/miscellaneous fees	—		2		244
Merger related expenses	$	22	$	2,735	$	1,503

Schedule of Future Amortization Expense

The estimated future amortization expense for the core deposit intangibles over the next five years and thereafter is as follows (in thousands):

For the Year Ending December 31,	Amortization Expense
2024	$	3,250
2025	2,516
2026	1,784
2027	1,112
2028	588
Thereafter	263
Total	$	9,513