Goodwill and Other Intangibles

9 Months Ended

Sep. 30, 2022

Goodwill and Other Intangibles [Abstract]

Goodwill and Other Intangibles

Note 7 – Goodwill and Other Intangibles

The following table provides information on the significant components of goodwill and other acquired intangible assets at September 30, 2022 and December 31, 2021.

September 30, 2022
											Weighted
	Gross		Measurement		Accumulated				Net		Average
	Carrying		Period		Impairment		Accumulated		Carrying		Remaining Life
(Dollars in thousands)	Amount		Adjustments		Charges		Amortization		Amount		(in years)
Goodwill	$	65,631	$	(140)	$	(1,543)	$	(667)	$	63,281		—
Other intangible assets
Amortizable
Core deposit intangible	$	10,504	$	—	$	—	$	(4,497)	$	6,007		2.7
Total other intangible assets	$	10,504	$	—	$	—	$	(4,497)	$	6,007

December 31, 2021
											Weighted
	Gross				Accumulated					Net	Average
	Carrying				Impairment			Accumulated		Carrying	Remaining Life
(Dollars in thousands)	Amount		Additions		Charges			Amortization		Amount	(in years)
Goodwill	$	19,728	$	45,903	$	(1,543)	$	(667)	$	63,421	—
Other intangible assets
Amortizable
Core deposit intangible	$	3,954	$	6,550	$	—	$	(2,969)	$	7,535	2.9
Total other intangible assets	$	3,954	$	6,550	$	—	$	(2,969)	$	7,535

The aggregate amortization expense was $1.5 million for the nine months ended September 30, 2022 and $353 thousand for the nine months ended September 30, 2021.

At September 30, 2022, estimated future remaining amortization for amortizing intangibles within the years ending December 31, is as follows:

(Dollars in thousands)	Amortization Expense
2022	$	460
2023		1,682
2024		1,376
2025		1,070
2026		765
2027		459
Thereafter		195
Total amortizing intangible assets	$	6,007