GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2022

GOODWILL AND OTHER INTANGIBLES [Abstract]

Schedule of Goodwill [Table Text Block]

Mortgage Banking

Consumer (Retail)

Banking

Commercial and

Corporate Banking

United States

Operations

Total

(In thousands)

Goodwill, January 1, 2020

$

-

$

1,406

$

-

$

26,692

$

28,098

Merger and acquisitions

(1)

574

794

4,935

-

6,303

Measurement period adjustment

(1) (2)

385

533

3,313

-

4,231

Goodwill, December 31, 2020

$

959

$

2,733

$

8,248

$

26,692

$

38,632

Measurement period adjustment

(1) (2)

53

74

(148)

-

(21)

Goodwill, December 31, 2021

$

1,012

$

2,807

$

8,100

$

26,692

$

38,611

(1)

Recognized in connection with the BSPR acquisition on September 1, 2020. 

(2)

Relates to the fair value estimate update performed within one year of the closing of the BSPR acquisition, in accordance with ASC Topic 805, "Business Combinations"("ASC 805").

Gross Amount and Accumulated Amortization of Other Intangible Assets [Table Text Block]

As of

As of

December 31, 

December 31,

2022 

2021 

(Dollars in thousands)

Core deposit intangible:

Gross amount

$

87,544

$

87,544

Accumulated amortization

(66,644)

(58,973)

Net carrying amount

$

20,900

$

28,571

Remaining amortization period (in years)

7.0

8.0

Purchased credit card relationship intangible:

Gross amount

$

3,800

$

3,800

Accumulated amortization

(3,595)

(2,602)

Net carrying amount

$

205

$

1,198

Remaining amortization period (in years)

0.7

1.7

Insurance customer relationship intangible:

Gross amount

$

1,067

$

1,067

Accumulated amortization

(1,054)

(902)

Net carrying amount

$

13

$

165

Remaining amortization period (in years)

0.1

1.1

Schedule of Expected Amortization Expense [Table Text Block]

(In thousands)

2023

$

7,736

2024

6,416

2025

3,509

2026

872

2027

872

2028 and after

1,713