v3.26.1
GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 3 Months Ended
Mar. 31, 2026
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 year ended December 31, 2025 and the three months ended March 31, 2026 (in thousands):
 GoodwillCDITotal
Balance, December 31, 2024$373,121 $3,058 $376,179 
Amortization— (1,567)(1,567)
Balance, December 31, 2025373,121 1,491 374,612 
Amortization— (256)(256)
Balance, March 31, 2026$373,121 $1,235 $374,356 
Schedule of Estimated Annual Amortization Expense
The following table presents the estimated amortization expense with respect to CDI as of March 31, 2026, for the periods indicated (in thousands):
Estimated Amortization
Remainder of 2026$648 
2027426 
2028126 
202935 
 $1,235 
Schedule of Servicing Assets at Amortized Value
An analysis of the mortgage and SBA servicing rights for the three months ended March 31, 2026 and 2025 is presented below (in thousands):
 Three Months Ended March 31,
 20262025
Balance, beginning of the period$12,602 $13,487 
Additions—amounts capitalized661 616 
Additions—through purchase— 2 
Amortization (1)
(838)(769)
Fair value adjustments (2)
(13)85 
Balance, end of the period$12,412 $13,421 

(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)    Fair value adjustments relate to SBA servicing rights. These adjustments are estimated based on an independent dealer analysis by discounting estimated net future cash flows from servicing SBA loans.