Goodwill and Other Intangibles (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill And Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the periods ended March 31, 2024 and December 31, 2023 by reportable segment are as follows (in thousands):

	Commercial Banking		Institutional Banking		Personal Banking		Total
Balances as of January 1, 2024	$	63,113	$	76,492	$	67,780	$	207,385
Balances as of March 31, 2024	$	63,113	$	76,492	$	67,780	$	207,385
Balances as of January 1, 2023	$	63,113	$	76,492	$	67,780	$	207,385
Balances as of December 31, 2023	$	63,113	$	76,492	$	67,780	$	207,385

Changes in Intangible Assets

The following are the finite-lived intangible assets that continue to be subject to amortization as of March 31, 2024 and December 31, 2023 (in thousands):

	As of March 31, 2024
	Core Deposit Intangible Assets		Customer Relationships		Total
Gross carrying amount	$	2,345	$	86,460	$	88,805
Accumulated amortization		1,251		18,502		19,753
Net carrying amount	$	1,094	$	67,958	$	69,052

	As of December 31, 2023
	Core Deposit Intangible Assets		Customer Relationships		Total
Gross carrying amount	$	2,345	$	109,978	$	112,323
Accumulated amortization		1,135		40,176		41,311
Net carrying amount	$	1,210	$	69,802	$	71,012

Aggregate Amortization Expense Recognized

The following table has the aggregate amortization expense recognized in each period (in thousands):

	Three Months Ended March 31,
	2024		2023
Aggregate amortization expense	$	1,960	$	2,298

Estimated Amortization Expense of Intangible Assets

The following table discloses the estimated amortization expense of intangible assets in future periods (in thousands):

For the nine months ending December 31, 2024	$	5,734
For the year ending December 31, 2025		7,487
For the year ending December 31, 2026		6,628
For the year ending December 31, 2027		4,655
For the year ending December 31, 2028		4,544