Goodwill, Core Deposit Intangible and Other Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill, Core Deposit Intangible and Other Intangible Assets

Note 11—Goodwill, Core Deposit Intangible and Other Intangible Assets

The Company’s annual goodwill test was performed as of November 30, 2021. The Company determined that no impairment existed as of that date. Refer to Note 1—Business and Summary of Significant Accounting Policies for discussion of goodwill.

The following table summarizes the changes in the Company’s goodwill and core deposit intangible assets for the years ended December 31, 2021, 2020 and 2019:

	2021								2020								2019
	Goodwill		Core Deposit Intangible			Customer Relationship Intangible			Goodwill		Core Deposit Intangible			Customer Relationship Intangible			Goodwill		Core Deposit Intangible			Customer Relationship Intangible
Beginning balance	$	148,353	$	21,809		$	2,469		$	148,353	$	29,111		$	2,791		$	128,177	$	30,360		$	3,059
Additions		—		—			—			—		—			—			20,176		6,220			—
Amortization or accretion		—		(6,805	)		(268	)		—		(7,302	)		(322	)		—		(7,469	)		(268	)
Ending balance	$	148,353	$	15,004		$	2,201		$	148,353	$	21,809		$	2,469		$	148,353	$	29,111		$	2,791
Accumulated amortization    or accretion	N/A		$	40,462		$	1,015		N/A		$	33,657		$	747		N/A		$	26,355		$	425
Weighted average remaining    amortization or accretion period	N/A		4.8 Years			8.3 Years			N/A		5.6 Years			9.3 Years			N/A		6.5 Years			10.4 Years

During 2019, the Company added additional goodwill and core deposit intangible assets in conjunction with the Oak Park River Forest 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 other intangible assets recognized at December 31, 2021:

	Estimated Amortization
2022	$	6,386
2023		4,336
2024		2,286
2025		1,721
2026		1,157
Thereafter		1,319
Total	$	17,205