XML 56 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1
Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Intangible Assets With Estimable Useful Lives
The following table presents information about the Company's intangible assets which have estimable useful lives.

December 31, 2023December 31, 2022
(In thousands)
Gross Carrying Amount
Accumulated Amortization
Valuation Allowance
 Net Amount
Gross Carrying Amount
 Accumulated Amortization
Valuation Allowance
Net Amount
Amortizable intangible assets:
Core deposit premium
$5,550 $(5,092)$ $458 $31,270 $(30,565)$— $705 
Mortgage servicing rights
13,723 (3,602) 10,121 22,187 (11,258)— 10,929 
Total
$19,273 $(8,694)$ $10,579 $53,457 $(41,823)$— $11,634 
Schedule Of Goodwill Allocated By Operating Segments
The carrying amount of goodwill and its allocation among segments at December 31, 2023 and 2022 is shown in the table below. As a result of ongoing assessments, no impairment of goodwill was recorded in 2023, 2022 or 2021. Further, the annual assessment of qualitative factors on January 1, 2024 revealed no likelihood of impairment as of that date.

(In thousands)December 31, 2023December 31, 2022
Consumer segment$70,721 $70,721 
Commercial segment75,072 67,454 
Wealth segment746 746 
Total goodwill$146,539 $138,921 
Schedule Of Changes In Carrying Amount Of Goodwill And Net Other Intangible Assets
Changes in the net carrying amount of goodwill and other net intangible assets for the years ended December 31, 2023 and 2022 are shown in the following table.

(In thousands)
Goodwill
Easement
Core Deposit Premium
Mortgage Servicing Rights
Balance at December 31, 2021
$138,921 $3,600 $1,004 $10,966 
Originations, net of disposals— — — 1,317 
Amortization— — (299)(1,658)
Impairment recovery— — — 304 
Balance at December 31, 2022
138,921 3,600 705 10,929 
Acquisition7,618    
Originations, net of disposals   340 
Amortization  (247)(1,148)
Balance at December 31, 2023
$146,539 $3,600 $458 $10,121 
Schedule of Estimated Annual Amortization Expense The following table shows the estimated future amortization expense based on existing asset balances and the interest rate environment as of December 31, 2023. The Company’s actual amortization expense in any given period may be different from the estimated amounts depending upon the acquisition of intangible assets, changes in mortgage interest rates, prepayment rates and other market conditions.
(In thousands)
2024$1,315 
20251,153 
20261,007 
2027867 
2028752