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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by segment

The table below illustrates goodwill by segment for the years ended December 31, 2024 and 2023 ($ in thousands):

 

 

 

General

 

 

 

Banking

 

Balance as of January 1, 2023

 

$

334,605

 

Adjustment during 2023

 

 

 

Balance as of December 31, 2023

 

 

334,605

 

Adjustment during 2024

 

 

 

Balance as of December 31, 2024

 

$

334,605

 

Schedule of identifiable intangible assets

At December 31, 2024 and 2023, identifiable intangible assets consisted of the following ($ in thousands):

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

Gross Carrying

 

 

Accumulated

 

 

Net Carrying

 

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Core deposit intangibles

 

$

87,674

 

 

$

87,548

 

 

$

126

 

 

$

87,674

 

 

$

87,438

 

 

$

236

 

Banking charters

 

 

 

 

 

 

 

 

 

 

 

1,325

 

 

 

1,325

 

 

 

 

Total

 

$

87,674

 

 

$

87,548

 

 

$

126

 

 

$

88,999

 

 

$

88,763

 

 

$

236

 

The following table illustrates the carrying amounts and remaining weighted-average amortization periods of identifiable intangible assets at December 31, 2024 ($ in thousands):

 

 

 

 

 

Remaining

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

 

Net Carrying

 

 

Amortization

 

 

 

Amount

 

 

Period in Years

 

Core deposit intangibles

 

$

126

 

 

 

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