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GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill and Intangible Assets
The following table summarizes the changes in the Company’s goodwill and other intangibles for the three months ended March 31, 2022 and the year ended December 31, 2021 (in thousands):
 GoodwillCDITotal
Balance, December 31, 2020$373,121 $21,426 $394,547 
Amortization— (6,571)(6,571)
Balance, December 31, 2021373,121 14,855 387,976 
Amortization— (1,424)(1,424)
Balance, March 31, 2022$373,121 $13,431 $386,552 
Schedule of Estimated Annual Amortization Expense
The following table presents the estimated amortization expense with respect to CDI as of March 31, 2022 for the periods indicated (in thousands):
Estimated Amortization
Remainder of 2022$3,892 
20233,814 
20242,659 
20251,575 
2026904 
Thereafter587 
 $13,431 
Schedule of Servicing Assets at Amortized Value
An analysis of the mortgage and SBA servicing rights for the three months ended March 31, 2022 and 2021 is presented below (in thousands):
 Three Months Ended
March 31,
 20222021
Balance, beginning of the period$17,206 $15,223 
Additions—amounts capitalized1,953 2,010 
Additions—through purchase62 27 
Amortization (1)
(1,231)(1,853)
Fair value adjustments18 — 
Balance, end of the period (2)
$18,008 $15,407 

(1)    Amortization of mortgage servicing rights is recorded as a reduction of loan servicing income within mortgage banking operations and any unamortized balance is fully amortized if the loan repays in full.
(2)    There was no valuation allowance on mortgage servicing rights as of both March 31, 2022 and 2021.