XML 24 R14.htm IDEA: XBRL DOCUMENT v3.23.2
GOODWILL AND OTHER INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The amount of goodwill by reporting units is presented in the following table:
(In thousands)Community
Banking
Investment
Management
Total
Balances at December 31, 2022$331,689 $31,747 $363,436 
No activity— — — 
Balances at June 30, 2023$331,689 $31,747 $363,436 

The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table:
 June 30, 2023Weighted
Average
Remaining
Life
December 31, 2022Weighted
Average
Remaining
Life
(Dollars in thousands)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortizing intangible assets:        
Core deposit intangibles$29,038 $(18,486)$10,552 6.0 years$29,038 $(16,694)$12,344 6.5 years
Other identifiable intangibles13,906 (7,178)6,728 8.2 years13,906 (6,395)7,511 8.8 years
Total amortizing intangible assets$42,944 $(25,664)$17,280 $42,944 $(23,089)$19,855 
Goodwill$363,436 $363,436 $363,436 $363,436 

The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31:
(In thousands)Amount
Remaining 2023$2,465 
20244,291 
20253,530 
20262,702 
20271,945 
Thereafter2,347 
Total amortizing intangible assets$17,280