Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

The following table provides information on the significant components of goodwill and other acquired intangible assets at March 31, 2024 and December 31, 2023.

	March 31, 2024
(Dollars in thousands)	Gross Carrying Amount		Additions		Accumulated Impairment Charges		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life (in years)
Goodwill	$	65,476	$	—	$	(1,543)	$	(667)	$	63,266	0.0 years
Other intangible assets
Amortizable
Core deposit intangible	$	59,151	$	—	$	—	$	(13,636)	$	45,515	3.7 years
Total other intangible assets	$	59,151	$	—	$	—	$	(13,636)	$	45,515

	December 31, 2023
(Dollars in thousands)	Gross Carrying Amount		Additions		Accumulated Impairment Charges		Accumulated Amortization		Net Carrying Amount		Weighted Average Remaining Life (in years)
Goodwill	$	65,476	$	—	$	(1,543)	$	(667)	$	63,266	0.0 years
Other intangible assets
Amortizable
Core deposit intangible	$	10,503	48,648		$	—	$	(11,061)	$	48,090	3.7 years
Total other intangible assets	$	10,503	$	48,648	$	—	$	(11,061)	$	48,090

The aggregate amortization expense was $2.6 million for the three months ended March 31, 2024 and $0.4 million for the three months ended March 31, 2023.

At March 31, 2024, estimated future remaining amortization for amortizing core deposit intangibles within the years ending December 31, is as follows:

(Dollars in thousands)	Amortization Expense
2024	$	7,204
2025	8,589
2026	7,398
2027	6,208
2028	5,060
Thereafter	11,056
Total amortizing intangible assets	$	45,515