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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Wesbanco's Capitalized Other Intangible Assets and Related Accumulated Amortization

The following table shows Wesbanco’s capitalized other intangible assets and related accumulated amortization:

 

 

 

December 31,

 

(in thousands)

 

2023

 

 

2022

 

Other intangible assets:

 

 

 

 

 

 

Gross carrying amount

 

$

98,271

 

 

$

110,358

 

Accumulated amortization

 

 

(62,765

)

 

 

(65,764

)

Net carrying amount of other intangible assets

 

$

35,506

 

 

$

44,594

 

Schedule of Future Amortization on Intangible Assets

The following table shows the amortization on Wesbanco’s other intangible assets for each of the next five years (in thousands):

 

Year

 

Amount

 

2024

 

$

8,251

 

2025

 

 

7,475

 

2026

 

 

6,737

 

2027

 

 

6,214

 

2028

 

 

4,501

 

2029 and thereafter

 

 

2,328

 

Total

 

$

35,506