v3.25.2
Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following table sets forth the carrying value of goodwill and other intangible assets at the dates indicated:
 At June 30, 2025At December 31, 2024
 (In Thousands)
Goodwill$241,222 $241,222 
Additions— — 
Balance at end of period241,222 241,222 
Other intangible assets, net accumulated amortization:
Core deposits13,511 16,372 
Trade name1,089 1,089 
Total other intangible assets14,600 17,461 
Total goodwill and other intangible assets$255,822 $258,683 
At December 31, 2013, the Company concluded that the BankRI name would continue to be utilized in its marketing strategies; therefore, the trade name with carrying value of $1.1 million has an indefinite life and ceased to amortize.
The weighted-average amortization period for the core deposit intangible is 4.5 years.
The estimated aggregate future amortization expense (in thousands) for other intangible assets for each of the next five years and thereafter is as follows:
Remainder of 2025$2,701 
Year ending:
20264,324 
20273,243 
20282,162 
20291,081 
2030— 
Thereafter— 
Total$13,511