Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

The following table provides information on the significant components of goodwill and other acquired intangible assets at December 31, 2023 and December 31, 2022.

	December 31, 2023
(Dollars in thousands)	Gross Carrying Amount		Additions		Measurement Period Adjustments		Accumulated Impairment Charges		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life (in years)
Goodwill	$	65,476	$	—	$	—	$	(1,543)	$	(667)	$	63,266	—
Other intangible assets
Amortizable
Core deposit intangible	$	10,503	$	48,648	$	—	$	—	$	(11,061)	$	48,090	3.7
Total other intangible assets	$	10,503	$	48,648	$	—	$	—	$	(11,061)	$	48,090

	December 31, 2022
(Dollars in thousands)	Gross Carrying Amount		Measurement Period Adjustments		Accumulated Impairment Charges		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life (in years)
Goodwill	$	65,631	$	(155)	$	(1,543)	$	(667)	$	63,266	—
Other intangible assets
Amortizable
Core deposit intangible	$	10,503	$	—	$	—	$	(4,956)	$	5,547	2.6
Total other intangible assets	$	10,503	$	—	$	—	$	(4,956)	$	5,547

The aggregate amortization expense was $6.1 million and $2.0 million for the years ended December 31, 2023 and 2022, respectively.

At December 31, 2023, estimated future remaining amortization for amortizing core deposit intangible within the years ending December 31, is as follows:

(Dollars in thousands)	Amortization Expense
2024	$	9,779
2025	8,589
2026	7,398
2027	6,208
2028	5,060
Thereafter	11,056
Total amortizing intangible assets	$	48,090