Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The carrying amount of goodwill and other intangible assets as of the dates indicated is summarized below (in thousands):

	September 30,		December 31,
	2020		2019
Goodwill:
Balance, beginning of period	$	65,614	$	66,087
Adjustment to values initially recorded for Acquisition of Foothills Bancorp, Inc.		—		(473)
Acquisition of PFG		8,302		—
Adjustment to values initially recorded for Acquisition of PFG		1,014		—
Balance, end of the period	$	74,930	$	65,614

Schedule of Intangible Assets

	September 30,		December 31,
	2020		2019
Core deposit intangible:
Balance, beginning of period	$	14,550	$	14,550
Acquisition of PFG		1,370		—
Balance, gross core deposit intangible		15,920		14,550
Less: accumulated amortization		(4,140)		(2,971)
Net core deposit intangible, net	$	11,780	$	11,579

Schedule of Future Amortization Expense

The estimated aggregate amortization expense for future periods for core deposit intangibles is as follows (in thousands):

Remainder of 2020	$	400
2021		1,570
2022		1,526
2023		1,485
2024		1,456
Thereafter		5,343
Total	$	11,780