| Goodwill, Core Deposit Intangible and Other Intangible Assets |
Note 9—Goodwill, Core Deposit Intangible and Other Intangible Assets The following tables summarize the changes in the Company’s goodwill, core deposit intangible assets, and customer relationship intangible assets for the periods presented:
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For the Three Months Ended June 30, |
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2026 |
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2025 |
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Goodwill |
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Core Deposit Intangible |
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Customer Relationship Intangible |
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Goodwill |
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Core Deposit Intangible |
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Customer Relationship Intangible |
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Beginning balance |
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$ |
181,852 |
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$ |
16,656 |
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$ |
777 |
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$ |
181,705 |
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$ |
14,230 |
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$ |
1,045 |
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Additions |
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— |
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— |
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— |
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147 |
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7,880 |
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— |
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Amortization |
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— |
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(1,168 |
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(67 |
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— |
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(1,432 |
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(67 |
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Ending balance |
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$ |
181,852 |
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$ |
15,488 |
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$ |
710 |
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$ |
181,852 |
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$ |
20,678 |
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$ |
978 |
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Accumulated amortization |
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N/A |
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$ |
65,108 |
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$ |
2,506 |
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N/A |
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$ |
59,918 |
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$ |
2,238 |
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Weighted average remaining amortization period |
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N/A |
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7.4 years |
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2.7 years |
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N/A |
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8.1 years |
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3.7 years |
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For the Six Months Ended June 30, |
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2026 |
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2025 |
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Goodwill |
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Core Deposit Intangible |
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Customer Relationship Intangible |
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Goodwill |
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Core Deposit Intangible |
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Customer Relationship Intangible |
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Beginning balance |
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$ |
181,852 |
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$ |
17,824 |
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$ |
844 |
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$ |
181,705 |
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$ |
15,281 |
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$ |
1,112 |
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Additions |
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— |
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— |
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— |
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147 |
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7,880 |
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— |
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Amortization |
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— |
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(2,336 |
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(134 |
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— |
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(2,483 |
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(134 |
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Ending balance |
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$ |
181,852 |
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$ |
15,488 |
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$ |
710 |
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$ |
181,852 |
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$ |
20,678 |
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$ |
978 |
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Accumulated amortization |
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N/A |
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$ |
65,108 |
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$ |
2,506 |
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N/A |
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$ |
59,918 |
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$ |
2,238 |
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Weighted average remaining amortization period |
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N/A |
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7.4 years |
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2.7 years |
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N/A |
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8.1 Years |
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3.7 Years |
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During the three and six months ended June 30, 2025, the Company recorded additional goodwill and core deposit intangible assets in conjunction with the First Security acquisition. Please refer to Note 3—Acquisition of a Business for further details. The following table presents the estimated amortization expense for core deposit intangible and customer relationship intangible assets remaining at June 30, 2026:
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Estimated Amortization |
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Remainder of 2026 |
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$ |
2,470 |
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2027 |
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3,895 |
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2028 |
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3,162 |
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2029 |
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2,337 |
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2030 |
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1,790 |
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Thereafter |
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2,544 |
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Total |
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$ |
16,198 |
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