5. GOODWILL AND INTANGIBLE ASSETS

The Company’s intangible assets consist of core deposits, goodwill, and other intangibles arising from previous acquisitions. The Company has determined that CDI have finite lives and amortizes them over their estimated useful lives. CDI are being amortized over the period of expected benefit, which ranges from four years to ten years, using an accelerated method. Other amortizable intangible assets are being amortized over the period of expected benefit, which ranges from four years to ten years, using various methods. The Company concluded that there was no impairment to the goodwill or intangible assets as of the balance sheet date. In the normal course of business, the Company routinely monitors the impact of the changes in the financial markets and includes these assessments in the Company’s impairment process.

The following table provides information on the significant components of goodwill and other acquired intangible assets as of the periods ended (dollars in thousands).

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The following table presents the Company’s goodwill and intangible assets by operating segment as of the periods ended (dollars in thousands):

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⁽¹⁾ Wholesale Banking and Consumer Banking includes $206.1 million and $76.2 million, respectively, related to the American National acquisition. Refer to Note 2 “Acquisitions” for more information.

⁽²⁾ Wholesale Banking and Corporate Other includes $8.4 million and $76.3 million, respectively, related to the American National acquisition. Refer to Note 2 “Acquisitions” for more information.

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Amortization expense of intangibles for the three months ended June 30, 2024 and 2023 totaled $6.0 million and $2.2 million, respectively. Amortization expense of intangibles for the six months ended June 30, 2024 and 2023 totaled $7.9 million and $4.5 million, respectively. As of June 30, 2024, the estimated remaining amortization expense of intangibles is as follows for the years ending (dollars in thousands):

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