v3.26.1
GOODWILL, OTHER INTANGIBLE ASSETS AND MORTGAGE SERVICING RIGHTS (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [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 six months ended June 30, 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— (512)(512)
Balance, June 30, 2026$373,121 $979 $374,100 
Schedule of Estimated Annual Amortization Expense
The following table presents the estimated amortization expense with respect to CDI as of June 30, 2026, for the periods indicated (in thousands):
Estimated Amortization
Remainder of 2026$392 
2027426 
2028126 
202935 
$979 
Schedule of Servicing Assets at Amortized Value
An analysis of the mortgage and SBA servicing rights for the three and six months ended June 30, 2026 and 2025 is presented below (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Balance, beginning of the period$12,412 $13,421 $12,602 $13,487 
Additions—amounts capitalized886 627 1,547 1,243 
Additions—through purchase— — — 2 
Amortization (1)
(891)(867)(1,729)(1,636)
Fair value adjustments (2)
(13)84 (26)169 
Balance, end of the period$12,394 $13,265 $12,394 $13,265 

(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.