XML 55 R37.htm IDEA: XBRL DOCUMENT v3.25.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Change in Goodwill
The change in goodwill during the year is as follows:
($ in thousands)202420232022
Beginning of year$272,520 $180,254 $156,663 
Acquired goodwill— 92,266 23,591 
End of year$272,520 $272,520 $180,254 
Schedule of Definite-Lived Intangible Assets The definite-lived intangible assets had the following carrying values at December 31, 2024 and 2023:
($ in thousands)
2024Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Core deposit intangibles$99,071 $(39,793)$59,278 
2023
Core deposit intangibles$99,071 $(30,259)$68,812 
Schedule of Amortization Expense of Purchase Accounting Intangible Assets
The related amortization expense of business combination related intangible assets is as follows:
($ in thousands)Amount
Aggregate amortization expense for the year ended December 31:
2022$4,664 
20239,563 
20249,533 
Amount
Estimated amortization expense for the year ending December 31:
2025$9,518 
20269,518 
20279,185 
20288,193 
20296,522 
Thereafter16,342 
Total amortization expense$59,278 
Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Computations Applicable to Common Shareholders
The following tables disclose the reconciliation of the numerators and denominators of the basic and diluted computations available to common stockholders.
($ in thousands, except per share amount)
December 31, 2024Net
Income
(Numerator)
Weighted Average
Shares
(Denominator)
Per Share
Amount
Basic per common share$77,194 31,505,267 $2.45 
Effect of dilutive shares:
Restricted Stock— 117,206 
$77,194 31,622,473 $2.44 
December 31, 2023
Basic per common share$75,457 31,373,718$2.41 
Effect of dilutive shares:
Restricted Stock— 192,073
$75,457 31,565,791$2.39 
December 31, 2022
Basic per common share$62,919 22,023,595 $2.86 
Effect of dilutive shares:  
Restricted Stock— 141,930 
$62,919 22,165,525 $2.84