GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the years ended December 31, 2023 and December 31, 2022 by operating segment are as follows (in thousands):

	Commercial Banking		Institutional Banking		Personal Banking		Total
Balances as of January 1, 2023	$	63,113	$	76,492	$	67,780	$	207,385
Balances as of December 31, 2023	$	63,113	$	76,492	$	67,780	$	207,385
Balances as of January 1, 2022	$	59,419	$	51,332	$	63,767	$	174,518
Healthcare savings account business acquisition		—		25,160		—		25,160
Branch acquisition		3,694		—		4,013		7,707
Balances as of December 31, 2022	$	63,113	$	76,492	$	67,780	$	207,385

Changes in Intangible Assets

Following are the intangible assets that continue to be subject to amortization as of December 31, 2023 and 2022 (in thousands):

	As of December 31, 2023
	Core Deposit Intangible Assets		Customer Relationships		Total
Gross carrying amount	$	2,345	$	109,978	$	112,323
Accumulated amortization		1,135		40,176		41,311
Net carrying amount	$	1,210	$	69,802	$	71,012

	As of December 31, 2022
	Core Deposit Intangible Assets		Customer Relationships		Total
Gross carrying amount	$	16,661	$	114,978	$	131,639
Accumulated amortization		14,827		38,088		52,915
Net carrying amount	$	1,834	$	76,890	$	78,724

Estimated Amortization Expense of Intangible Assets

The following table discloses the estimated amortization expense of intangible assets in future years (in thousands):

For the year ending December 31, 2024	$	7,694
For the year ending December 31, 2025		7,487
For the year ending December 31, 2026		6,628
For the year ending December 31, 2027		4,655
For the year ending December 31, 2028		4,544