Goodwill and Other Acquisition-Related Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Assets by Business Segment

A summary of the Company’s goodwill assets by business segment is presented in the following table:

(In thousands)	January 1, 2022		Goodwill Acquired		Impairment Loss		Goodwill Adjustments		December 31, 2022
Community banking	$	545,671	$	—	$	—	$	—	$	545,671
Specialty finance	40,105		—		—		(1,625)		38,480
Wealth management	69,373		—		—		—		69,373
Total	$	655,149	$	—	$	—	$	(1,625)	$	653,524

Summary of Finite-Lived Intangible Assets

A summary of acquisition-related intangible assets as of the dates shown and the expected amortization of finite-lived acquisition-related intangible assets as of December 31, 2022 is as follows:

	December 31,
(In thousands)	2022		2021
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206
Accumulated amortization	(42,501)		(38,067)
Net carrying amount	$	12,705	$	17,139
Trademark with indefinite lives:
Carrying amount	5,800		5,800
Total net carrying amount	$	18,505	$	22,939
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,962	$	1,967
Accumulated amortization	(1,785)		(1,721)
Net carrying amount	$	177	$	246
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	20,430	$	20,430
Accumulated amortization	(16,926)		(15,308)
Net carrying amount	$	3,504	$	5,122
Total acquisition-related intangible assets:
Gross carrying amount	$	83,398	$	83,403
Accumulated amortization	(61,212)		(55,096)
Total acquisition-related intangible assets, net	$	22,186	$	28,307

Summary of Finite-Lived Intangible Assets

A summary of acquisition-related intangible assets as of the dates shown and the expected amortization of finite-lived acquisition-related intangible assets as of December 31, 2022 is as follows:

	December 31,
(In thousands)	2022		2021
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206
Accumulated amortization	(42,501)		(38,067)
Net carrying amount	$	12,705	$	17,139
Trademark with indefinite lives:
Carrying amount	5,800		5,800
Total net carrying amount	$	18,505	$	22,939
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,962	$	1,967
Accumulated amortization	(1,785)		(1,721)
Net carrying amount	$	177	$	246
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	20,430	$	20,430
Accumulated amortization	(16,926)		(15,308)
Net carrying amount	$	3,504	$	5,122
Total acquisition-related intangible assets:
Gross carrying amount	$	83,398	$	83,403
Accumulated amortization	(61,212)		(55,096)
Total acquisition-related intangible assets, net	$	22,186	$	28,307

Estimated Amortization

Estimated amortization for the year-ended:
2023	$	4,658
2024	3,259
2025	2,552
2026	1,954
2027	1,449