Goodwill And Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table presents a roll forward of the Company's goodwill activity (in thousands):

	2019			2018
Beginning balance	$	109,567		$	76,196
Goodwill and adjustments acquired in conjunction with the acquisition of Poage	(583		)	28,633
Goodwill and adjustments acquired in conjunction with the acquisition of Farmers Deposit	(43		)	4,738
Ending balance	$	108,941		$	109,567

Schedule Of Core Deposit Intangibles

The Company believes that the customer relationships with the deposits acquired have an intangible value. In connection with acquisitions, the Company recorded a core deposit intangible, which represented the value that the acquiree had with their deposit customers. The fair value was estimated based on a discounted cash flow methodology that considered the type of deposit, estimated deposit retention, the cost of the deposit base and an alternate cost of funds. The following tables present the details of the Company's core deposit intangibles (in thousands):

	2019			2018
Gross carrying amount	$	21,190		$	21,190
Accumulated amortization	(9,890		)	(7,909		)
	$	11,300		$	13,281
Beginning balance	$	13,281		$	2,399
Core deposit intangible acquired in conjunction with the acquisition of Poage	—			8,054
Core deposit intangible acquired in conjunction with the acquisition of Farmers Deposit	—			3,334
Amortization expense	(1,981		)	(506		)
Ending balance	$	11,300		$	13,281

Schedule of Estimated Future Amortization Expense for Core Deposits

The estimated amortization expense for core deposit intangible assets for each of the next five years is as follows (in thousands):

2020	$	1,649
2021	1,472
2022	1,386
2023	1,220
2024	1,209
Thereafter	4,364
	$	11,300