Goodwill And Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Core Deposit Intangibles

The Company believes that the customer relationships with the deposits acquired have an intangible value. In connection with acquisitions, the Company recorded a core deposit intangible, which represented the value that the acquiree had with their deposit customers. The fair value was estimated based on a discounted cash flow methodology that considered the type of deposit, estimated deposit retention, the cost of the deposit base and an alternate cost of funds. The following tables present the details of the Company's core deposit intangibles (in thousands):

	2023		2022
Gross carrying amount	$	29,462	$	21,190
Accumulated amortization	(16,796)		(14,397)
	$	12,666	$	6,793
Beginning balance	$	6,793	$	8,179
Core deposit intangible acquired in conjunction with the acquisition of Citizens Commerce	8,272		—
Amortization expense	(2,399)		(1,386)
Ending balance	$	12,666	$	6,793

Schedule of Estimated Future Amortization Expense for Core Deposits

The estimated amortization expense for core deposit intangible assets for each of the next five years is as follows (in thousands):

2024	$	2,384
2025	2,172
2026	1,953
2027	1,855
2028	1,713
Thereafter	2,589
	$	12,666

Schedule of Goodwill

The following table presents a roll forward of the Company's goodwill activity (in thousands):

	2023		2022
Beginning balance	$	108,941	$	108,941
Goodwill acquired in conjunction with the acquisition of Citizens Commerce (preliminary)	40,961		—
Ending balance	$	149,902	$	108,941