The following table presents the change in goodwill for the three months ended March 31, 2026, and March 31, 2025, (in thousands):


	Three Months Ended March 31,
	2026		2025
Beginning of period	$	34,149	$	32,783
Acquired goodwill	2,104		—
Goodwill adjustment	—		59
Impairment	—		—

End of period	$	36,253	$	32,842

During the year ended December 31, 2024, the Company recorded $32.8 million of goodwill associated with the Summit Merger. During the three months ended March 31, 2026, the Company recorded $2.1 million of additional goodwill associated with the acquisition of Burke & Herbert Wealth Services, LLC, formerly known as Piedmont Wealth Management.

The Company performs the annual goodwill impairment test on September 30 every year.

Other intangible assets consist of the core deposit intangible which is being amortized on an accelerated basis over its estimated useful life of 7 years. At the date of the Summit Merger, the Company recorded $68.8 million of core deposit intangibles associated with the Summit Merger.

The gross carrying amounts and accumulated amortization of other intangible assets for the three months ended March 31, 2026, and March 31, 2025, were as follows (in thousands):


	Three Months Ended March 31,
	2026		2025
Beginning of period	$	41,747	$	57,300
Core deposit intangible acquired	—		—
Amortization	(3,684)		(4,298)
Impairment	—		—

Total core deposit intangible	$	38,063	$	53,002

The Company reviews other intangible assets for possible impairment whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. Total amortization expense associated with intangible assets was $3.7 million and $4.3 million for the three months ended March 31, 2026, and March 31, 2025, respectively.

Estimated amortization expense for future years is as follows (in thousands):


	Estimated Amortization
Remaining nine months ending, December 31, 2026	$	9,413
2027	10,641
2028	8,186
2029	5,730
2030	3,274
Thereafter	819
Total	$	38,063