CORE DEPOSIT INTANGIBLES

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

CORE DEPOSIT INTANGIBLES

NOTE 7 - CORE DEPOSIT INTANGIBLES

Changes in the carrying amount of core deposit intangibles in the accompanying consolidated balance sheets as of December 31 are summarized as follows:

	2019			2018
Beginning of year	$	4,706		$	2,724
Effect of acquisitions		—			2,700
Amortization		(853	)		(718	)
End of year	$	3,853		$	4,706

Accumulated amortization was $4,678 and $3,825 at December 31, 2019 and 2018, respectively.  Amortization expense related to core deposit intangibles was $853, $718 and $584 during the years ended December 31, 2019, 2018 and 2017, respectively. The estimated aggregate future amortization expense for core deposit intangibles remaining as of December 31, 2019 was as follows:

Year Ended December 31,	Amount
2020	$	853
2021		687
2022		453
2023		441
2024		424
Thereafter		995
	$	3,853