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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Gross Carrying Amounts of Goodwill

The changes in gross carrying amounts of goodwill are as follows (in thousands):

 

 

 

 

 

 

 

 

 

Goodwill

 

December 31, 2018

 

 

 

 

 

 

 

$

12,105

 

Goodwill acquired

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

 

 

 

 

 

12,105

 

Goodwill acquired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

$

12,105

 

Summary of Gross Amounts and Accumulated Amortization of Identifiable Intangible Assets

The gross amounts and accumulated amortization of identifiable intangible assets are as follows (in thousands):

 

 

 

December 31, 2020

 

 

December 31, 2019

 

 

 

Gross Amount

 

 

Accumulated Amortization

 

 

Gross Amount

 

 

Accumulated Amortization

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships (useful life of 6-15 years)

 

$

19,000

 

 

$

11,692

 

 

$

19,000

 

 

$

10,629

 

Trademarks (useful life of 15 years)

 

 

1,500

 

 

 

592

 

 

 

1,500

 

 

 

492

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

20,500

 

 

$

12,284

 

 

$

20,500

 

 

$

11,121

 

Summary of Estimated Amortization Expense for Next Five Years Estimated amortization expense for the next five years is as follows (in thousands):

 

 

 

 

 

 

 

 

 

Amount

 

2021

 

 

 

 

 

 

 

$

1,163

 

2022

 

 

 

 

 

 

 

 

1,008

 

2023

 

 

 

 

 

 

 

 

853

 

2024

 

 

 

 

 

 

 

 

853

 

2025

 

 

 

 

 

 

 

 

853