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Goodwill and Other Intangible Assets
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following table summarizes the Company’s goodwill intangible as of the dates indicated:
(in thousands)December 31,
2022		AdditionsReductionsDecember 31,
2021
Goodwill$304,442 $83,570 $— $220,872 
Impairment exists when a Company’s carrying value exceeds its fair value. Goodwill is evaluated for impairment annually. At September 30, 2022, the Company had positive equity and the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of the Company exceeded its carrying value, including goodwill. The qualitative assessment indicated that it was more likely than not that the fair value of the reporting unit exceeds its carrying value, resulting in no impairment. For each of the years in the three year period ended December 31, 2022, there were no impairment charges recognized.
The following table summarizes the Company’s core deposit intangibles (“CDI”) as of the dates indicated:
(in thousands)December 31,
2022		December 31,
2021
Core deposit intangibles, gross$36,265 $37,725 
Fully amortized portion(8,074)(1,460)
Acquisition of VRB10,635 — 
Core deposit intangibles, gross ending balance38,826 36,265 
Accumulated amortization, gross(23,896)(19,891)
Fully amortized portion8,074 1,460 
Amortization expense(6,334)(5,465)
Accumulated amortization, gross ending balance(22,156)(23,896)
 Core deposit intangible, net$16,670$12,369
The Company's remaining CDI balance of $16,670,000 as of December 31, 2022 reflects balances recorded from the VRB acquisition on March 25, 2022 totaling $10,635,000, the FNBB acquisition on July 6, 2018 totaling $2,046,000, and the acquisition of three branch offices from Bank of America on March 18, 2016 totaling $6,614,000. The following table summarizes the Company’s estimated core deposit intangible amortization (dollars in thousands):
Years EndedEstimated CDI Amortization
2023$6,118 
20244,120 
20251,961 
20261,527 
20271,008 
Thereafter1,936 
$16,670