GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in Goodwill

The following table presents the change in Goodwill for the years ended December 31, 2021, 2020 and 2019:

	Year Ended December 31,
(In thousands)		2021		2020		2019
Beginning of year	$	55,638	$	55,638	$	55,638
Acquired goodwill1		100,159		-		-
Impairment		-		-		-
End of year	$	155,797	$	55,638	$	55,638

(1) See Note 2. Merger for additional information regarding the acquired goodwill

Schedule of carrying amount and accumulated amortization of intangible assets

	December 31, 2021
		Core Deposit		Non-complete
(In thousands)		Intangibles		Agreement		Total
Gross carrying value	$	10,204	$	780	$	10,984
Accumulated amortization		(1,962)		(660)		(2,622)
Net carrying amount	$	8,242	$	120	$	8,362

Schedule of estimated amortization expense

(In thousands)		Total
2022	$	1,878
2023		1,425
2024		1,163
2025		958
Thereafter		2,938
Total	$	8,362