Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Intangible assets at December 31, 2023 and 2022 are summarized as follows:

	December 31,
	2023		2022
	(In thousands)
Goodwill	$	110,715	$	110,715
Core deposit intangibles	11,155		13,505
Mortgage servicing rights	1,480		922
	$	123,350	$	125,142

Mortgage servicing rights' amortization expense for the years ended December 31, 2023, 2022, and 2021 amounted to $239,000, $233,000, and $266,000, respectively. Core deposit intangible amortization expense for the years ended December 31, 2023, 2022, and 2021 amounted to $2.4 million, $2.0 million, and $1.0 million, respectively.

Scheduled amortization of core deposit intangibles for each of the next five years and thereafter is as follows:

Year Ended December 31,	Core Deposit Intangible Amortization
	(In thousands)
2024	$	2,191
2025	2,018
2026	1,829
2027	1,615
2028	1,361
Thereafter	2,141
Total	$	11,155