GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS     

The following table sets forth the carrying value of goodwill and other intangible assets, net of accumulated amortization, at December 31:

	2025		2024
	(Dollars in thousands)
Balances not subject to amortization
Goodwill	$	1,090,610	$	985,072
Balances subject to amortization
Core deposit intangibles	119,074		10,689
Other intangible assets	14,502		1,595
Total other intangible assets	133,576		12,284
Total goodwill and other intangible assets	$	1,224,186	$	997,356

The changes in the carrying value of goodwill for the periods indicated were as follows:

	2025		2024		2023
	(Dollars in thousands)
Balance at beginning of year	$	985,072	$	985,072	$	985,072
Acquisitions	105,538		—		—
Balance at end of year	$	1,090,610	$	985,072	985,072

The gross carrying amount and accumulated amortization of other intangible assets were as follows at the dates indicated:

	December 31
	2025						2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Dollars in thousands)
Core deposit intangibles	$	167,263	$	(48,189)	$	119,074	$	44,160	$	(33,471)	$	10,689
Other intangible assets	21,200		(6,698)		14,502		6,100		(4,505)		1,595
Total	$	188,463	$	(54,887)	$	133,576	$	50,260	$	(37,976)	$	12,284

The following table sets forth the estimated annual amortization expense of intangible assets for each of the next five years:

Year	Amount
	(Dollars in thousands)
2026	$	26,091
2027	$	22,660
2028	$	19,272
2029	$	16,367
2030	$	13,841

The original weighted average amortization period for intangible assets is 9.9 years.