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Goodwill and other intangibles
 6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block] Goodwill and Other Intangible Assets
The following tables show the activity in goodwill and other intangible assets for the three-month and six-month periods ended June 30, 2020 and 2019.
(in thousands)GoodwillOther
intangible assets		Total
April 1, 2019$112,739  $6,682  $119,421  
Acquired goodwill and other intangible assets45,318  10,251  55,569  
Amortization—  702  702  
June 30, 2019$158,057  $16,231  $174,288  
April 1, 2020$159,595  $10,917  $170,512  
Acquired goodwill and other intangible assets—  —  —  
Amortization—  607  607  
June 30, 2020$159,595  $10,310  $169,905  
 
(in thousands)GoodwillOther
intangible assets		Total
December 31, 2018$112,739  $6,971  $119,710  
Acquired goodwill and other intangible assets45,318  10,251  55,569  
Amortization—  991  991  
June 30, 2019$158,057  $16,231  $174,288  
December 31, 2019$159,595  $11,523  $171,118  
Acquired goodwill and other intangible assets—  —  —  
Amortization—  1,213  1,213  
June 30, 2020$159,595  $10,310  $169,905  
 
Park evaluates goodwill for impairment during the second quarter of each year, with financial data as of March 31. Based on the analysis performed as of April 1, 2020, the Company determined that goodwill for Park's reporting unit, PNB, was not impaired. During the second quarter of 2020, management determined that the deterioration in general economic conditions as a result of the COVID-19 pandemic and responses thereto represented a triggering event prompting an evaluation of goodwill impairment. Based on the analysis performed during the second quarter of 2020, the Company determined that goodwill was not impaired. Management continues to monitor economic factors to evaluate goodwill impairment.

Acquired Intangible Assets

The following table shows the balance of acquired intangible assets as of June 30, 2020 and December 31, 2019.

June 30, 2020December 31, 2019
(in thousands)Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Other intangible assets:
Core deposit intangible assets$14,456  $4,146  $14,456  $2,933  
Trade name intangible assets1,300  1,300  1,300  1,300  
Total$15,756  $5,446  $15,756  $4,233  

During 2019, Park announced its 2020 rebranding initiative to operate all 12 banking divisions of PNB under one name. The NewDominion trade name intangible was initially recorded assuming an indefinite useful life. Considering Park's rebranding initiative, Park concluded that the trade name intangible represented a definite useful life asset, and impairment was recorded during the fourth quarter of 2019.
Core deposit intangible assets are being amortized, on an accelerated basis, over a period of ten years. Aggregate amortization expense was $607,000 and $702,000 for the three months ended June 30, 2020 and 2019, respectively and was $1.2 million and $991,000 for the six months ended June 30, 2020 and 2019, respectively.

Estimated amortization expense related to core deposit intangible assets for each of the next five years follows:

(in thousands)Total
Six months ending December 31, 2020$1,050  
20211,798  
20221,487  
20231,323  
20241,215