Goodwill and Other Acquisition-Related Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of 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, 2023		Goodwill Acquired		Impairment Loss		Goodwill Adjustments		December 31, 2023
Community banking	$	545,671	$	—	$	—	$	—	$	545,671
Specialty finance	38,480		—		—		526		39,006
Wealth management	69,373		2,622		—		—		71,995
Total	$	653,524	$	2,622	$	—	$	526	$	656,672

Schedule 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, 2023 is as follows:

	December 31,
(In thousands)	2023		2022
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206
Accumulated amortization	(46,125)		(42,501)
Net carrying amount	$	9,081	$	12,705
Trademark with indefinite lives:
Carrying amount	5,800		5,800
Total net carrying amount	$	14,881	$	18,505
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,963	$	1,962
Accumulated amortization	(1,837)		(1,785)
Net carrying amount	$	126	$	177
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	26,630	$	20,430
Accumulated amortization	(18,748)		(16,926)
Net carrying amount	$	7,882	$	3,504
Total acquisition-related intangible assets:
Gross carrying amount	$	89,599	$	83,398
Accumulated amortization	(66,710)		(61,212)
Total acquisition-related intangible assets, net	$	22,889	$	22,186

Schedule 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, 2023 is as follows:

	December 31,
(In thousands)	2023		2022
Community banking segment:
Core deposit intangibles with finite lives:
Gross carrying amount	$	55,206	$	55,206
Accumulated amortization	(46,125)		(42,501)
Net carrying amount	$	9,081	$	12,705
Trademark with indefinite lives:
Carrying amount	5,800		5,800
Total net carrying amount	$	14,881	$	18,505
Specialty finance segment:
Customer list intangibles with finite lives:
Gross carrying amount	$	1,963	$	1,962
Accumulated amortization	(1,837)		(1,785)
Net carrying amount	$	126	$	177
Wealth management segment:
Customer list and other intangibles with finite lives:
Gross carrying amount	$	26,630	$	20,430
Accumulated amortization	(18,748)		(16,926)
Net carrying amount	$	7,882	$	3,504
Total acquisition-related intangible assets:
Gross carrying amount	$	89,599	$	83,398
Accumulated amortization	(66,710)		(61,212)
Total acquisition-related intangible assets, net	$	22,889	$	22,186

Schedule of Estimated Amortization

Estimated amortization for the year-ended:
2024	$	4,301
2025	3,482
2026	2,772
2027	2,157
2028	1,591