XML 23 R14.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and Other Intangibles
6 Months Ended
Jun. 30, 2022
Goodwill and Other Intangibles [Abstract]  
Goodwill and Other Intangibles

Note 7 – Goodwill and Other Intangibles

The following table provides information on the significant components of goodwill and other acquired intangible assets at June 30, 2022 and December 31, 2021.

June 30, 2022

Weighted

Gross

Measurement

Accumulated

Net

Average

Carrying

Period

Impairment

Accumulated

Carrying

Remaining Life

(Dollars in thousands)

   

Amount

   

Adjustments

Charges

   

Amortization

   

Amount

(in years)

Goodwill

$

65,631

$

(140)

$

(1,543)

$

(667)

$

63,281

Other intangible assets

Amortizable

Core deposit intangible

$

10,504

$

$

$

(3,997)

$

6,507

2.7

Total other intangible assets

$

10,504

$

$

$

(3,997)

$

6,507

December 31, 2021

Weighted

 

Gross

 

Accumulated

 

Net

Average

 

Carrying

 

Impairment

 

Accumulated

 

Carrying

Remaining Life

(Dollars in thousands)

   

Amount

   

Additions

Charges

   

Amortization

   

Amount

(in years)

Goodwill

$

19,728

$

45,903

$

(1,543)

$

(667)

$

63,421

Other intangible assets

Amortizable

Core deposit intangible

$

3,954

$

6,550

$

$

(2,969)

$

7,535

 

2.9

Total other intangible assets

$

3,954

$

6,550

$

$

(2,969)

$

7,535

The aggregate amortization expense was $1.0 million for the six months ended June 30, 2022 and $246 thousand for the six months ended June 30, 2021.

At June 30, 2022, estimated future remaining amortization for amortizing intangibles within the years ending December 31, is as follows:

(Dollars in thousands)

Amortization
Expense

2022

$

960

2023

 

1,682

2024

 

1,376

2025

 

1,070

2026

 

765

2027

459

Thereafter

195

Total amortizing intangible assets

$

6,507