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Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The carrying amounts of goodwill allocated to Valley's reporting units at both June 30, 2024 and December 31, 2023, were as follows:
Reporting Unit *
Wealth
Management		Consumer
Banking		Commercial
Banking		Total
(in thousands)
$78,142 $349,646 $1,441,148 $1,868,936 
*    The Wealth Management and Consumer Banking reporting units are both components of the overall Consumer Banking operating segment, which is further described in Note 15.
Other Intangible Assets
The following table summarizes other intangible assets as of June 30, 2024 and December 31, 2023: 
Gross
Intangible
Assets		Accumulated
Amortization		Net
Intangible
Assets
 (in thousands)
June 30, 2024
Loan servicing rights$123,879 $(102,812)$21,067 
Core deposits215,620 (125,951)89,669 
Other50,393 (17,485)32,908 
Total other intangible assets$389,892 $(246,248)$143,644 
December 31, 2023
Loan servicing rights$122,586 $(100,636)$21,950 
Core deposits215,620 (113,183)102,437 
Other50,393 (14,449)35,944 
Total other intangible assets$388,599 $(228,268)$160,331 
Estimated Future Amortization Expense
The following table presents the estimated future amortization expense of other intangible assets for the remainder of 2024 through 2028: 
YearLoan Servicing
Rights		Core
Deposits		Other
 (in thousands)
2024$1,370 $12,129 $2,915 
20252,541 21,048 5,380 
20262,249 17,223 4,805 
20271,969 13,544 4,205 
20281,722 10,117 3,633