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Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill Changes in the carrying amount of the Corporation's goodwill by business segment for the three months ended March 31, 2023 were as follows:
(Dollars in thousands)BankingWealth ManagementInsuranceConsolidated
Balance at December 31, 2022$138,476 $15,434 $21,600 $175,510 
Addition to goodwill from acquisitions— — — — 
Balance at March 31, 2023$138,476 $15,434 $21,600 $175,510 
Components of Intangible Assets The following table reflects the components of intangible assets at the dates indicated:
At March 31, 2023At December 31, 2022
(Dollars in thousands)Gross Carrying Amount
Accumulated Amortization (1)
Net Carrying AmountGross Carrying Amount
Accumulated Amortization (1)
Net Carrying Amount
Amortized intangible assets:
Core deposit intangibles$6,788 $6,048 $740 $6,788 $5,939 $849 
Customer related intangibles4,162 2,318 1,844 8,493 6,530 1,963 
Servicing rights29,181 20,721 8,460 28,904 20,332 8,572 
Total amortized intangible assets$40,131 $29,087 $11,044 $44,185 $32,801 $11,384 
(1) Included within accumulated amortization is a valuation allowance of $40 thousand and $5 thousand on servicing rights at March 31, 2023 and December 31, 2022, respectively.
Estimated Aggregate Amortization Expense
The estimated aggregate amortization expense for core deposit and customer-related intangibles for the remainder of 2023 and the succeeding fiscal years is as follows:
Year(Dollars in thousands)Amount
Remainder of 2023$616 
2024648 
2025469 
2026319 
2027216 
Thereafter316 
Total$2,584 
Changes In Servicing Rights
Changes in the servicing rights balance are summarized as follows:
 Three Months Ended March 31,
(Dollars in thousands)20232022
Beginning of period$8,572 $7,878 
Servicing rights capitalized277 714 
Amortization of servicing rights(354)(476)
Changes in valuation allowance(35)6 
End of period$8,460 $8,122 
Loans serviced for others$1,496,319 $1,440,562 
Activity In Valuation Allowance For Servicing Rights
Activity in the valuation allowance for servicing rights was as follows:
 Three Months Ended March 31,
(Dollars in thousands)20232022
Valuation allowance, beginning of period$(5)$(13)
Additions(35)— 
Reductions— 6 
Valuation allowance, end of period$(40)$(7)
Estimated Amortization Expense of Servicing Rights
The estimated amortization expense of servicing rights for the remainder of 2023 and the succeeding fiscal years is as follows:
Year(Dollars in thousands)Amount
Remainder of 2023$1,072 
2024958 
2025855 
2026761 
2027641 
Thereafter4,173 
Total$8,460