GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2023

GOODWILL AND OTHER INTANGIBLES [Abstract]

Schedule of Goodwill [Table Text Block]

Mortgage Banking

Consumer (Retail)

Banking

Commercial and

Corporate Banking

United States

Operations

Total

(In thousands)

Goodwill, January 1, 2021

$

959

$

2,733

$

8,248

$

26,692

$

38,632

Measurement period adjustment

(1)

53

74

(148)

-

(21)

Goodwill, December 31, 2021

 (2)

$

1,012

$

2,807

$

8,100

$

26,692

$

38,611

(1)

Relates to the fair value estimate update performed within one year of the closing of the BSPR acquisition, in accordance with ASC Topic 805, "Business Combinations"("ASC 805").

(2)

Includes $

10.5

 million related to the BSPR acquisition.

Gross Amount and Accumulated Amortization of Other Intangible Assets [Table Text Block]

As of

As of

December 31, 

December 31,

2023 

2022 

(Dollars in thousands)

Core deposit intangible:

Gross amount

$

87,544

$

87,544

Accumulated amortization

(74,161)

(66,644)

Net carrying amount

$

13,383

$

20,900

Remaining amortization period (in years)

6.0

7.0

Purchased credit card relationship intangible:

Gross amount

$

-

$

3,800

Accumulated amortization

-

(3,595)

Net carrying amount

$

-

$

205

Remaining amortization period (in years)

-

0.7

Insurance customer relationship intangible:

Gross amount

$

-

$

1,067

Accumulated amortization

-

(1,054)

Net carrying amount

$

-

$

13

Remaining amortization period (in years)

-

0.1

Amortization Expense [Table Text Block]

(In thousands)

2024

$

6,416

2025

3,509

2026

872

2027

872

2028

872

2029 and after

842