Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

The following table shows the activity in goodwill and other intangible assets for the years ended December 31, 2022, 2021 and 2020.

 

(In thousands)	Goodwill		Other Intangible Assets		Total
January 1, 2020	$	159,595	$	11,523	$	171,118
Amortization	—		2,263		2,263
December 31, 2020	$	159,595	$	9,260	$	168,855
Amortization	—		1,798		1,798
December 31, 2021	$	159,595	$	7,462	$	167,057
Amortization	—		1,487		1,487
December 31, 2022	$	159,595	$	5,975	$	165,570

Goodwill

Schedule of Finite-Lived Intangible Assets

The following table shows the balance of acquired intangible assets as of December 31, 2022 and 2021.

	2022				2021
(In thousands)	Gross Carrying Amount		Accumulated Amortization/Impairment		Gross Carrying Amount		Accumulated Amortization
Other intangible assets:
Core deposit intangibles	$	14,456	$	8,481	$	14,456	$	6,994
Trade name intangible	1,300		1,300		1,300		1,300
Total	$	15,756	$	9,781	$	15,756	$	8,294

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The following is a schedule of estimated core deposit intangibles amortization expense for each of the next five years:

(In thousands)	Total
2023	$	1,323
2024	1,215
2025	1,042
2026	887
2027	754