v3.26.1
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of intangible assets subject to amortization
The following table provides information for intangible assets subject to amortization at the dates indicated (in thousands):
June 30, 2026December 31, 2025
Amortizable intangible assets:
Core deposit intangibles - gross$116,899 74,899 
Acquisitions— 42,000 
Less: accumulated amortization(81,587)(77,232)
Core deposit intangibles - net$35,312 39,667 
Total intangible assets - net$35,312 39,667 
Schedule of the actual aggregate amortization expense as well as estimated aggregate amortization expense, based upon current levels of intangible assets
The following table shows the actual aggregate amortization expense for the quarters and six months ended June 30, 2026 and 2025, as well as the estimated aggregate amortization expense, based upon current levels of intangible assets, for the current fiscal year and each of the five succeeding fiscal years (in thousands):
For the quarter ended June 30, 2026$2,166 
For the quarter ended June 30, 2025436 
For the six months ended June 30, 20264,355 
For the six months ended June 30, 2025940 
For the year ending December 31, 20268,473 
For the year ending December 31, 20277,073 
For the year ending December 31, 20285,936 
For the year ending December 31, 20295,102 
For the year ending December 31, 20304,269 
For the year ending December 31, 20313,685 
Schedule of the changes in carrying amount of goodwill
The following table provides information for the changes in the carrying amount of goodwill (in thousands):
Total
Balance at December 31, 2025$444,330 
June 30, 2026 (1)
$444,997 
(1) During the second quarter of 2026, goodwill was adjusted as the result of a measurement period adjustment associated with the Penns Woods acquisition. Refer to Note 2 “Acquisitions” within this Item 1 of this Quarterly Report for more information.