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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Change in Goodwill

The change in goodwill during the periods presented is as follows:

 

 

September 30, 2019

 

 

December 31, 2018

 

 

(In thousands)

 

Beginning of the year

$

20,221

 

 

$

20,221

 

Impairment

 

 

 

End of the year

$

20,221

 

 

$

20,221

 

Schedule of Acquired Intangible Assets

Acquired Intangible Assets:

 

 

September 30, 2019

 

 

December 31, 2018

 

 

Gross

 

 

 

 

 

 

Gross

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Accumulated

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amortization

 

 

(In thousands)

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

$

11,184

 

 

$

9,827

 

 

$

11,184

 

 

$

9,581

 

Customer list intangible

 

2,547

 

 

 

469

 

 

 

2,547

 

 

 

333

 

Total

$

13,731

 

 

$

10,296

 

 

$

13,731

 

 

$

9,914

 

Estimated Amortization Expense Estimated amortization expense for the remainder of 2019 and the next five years is as follows:

 

Remainder of 2019

$

127,000

 

2020

 

510,000

 

2021

 

510,000

 

2022

 

510,000

 

2023

 

510,000

 

2024

 

510,000