GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2019

GOODWILL AND OTHER INTANGIBLE ASSETS

Schedule of Finite-Lived Intangible Assets

The table below summarizes the changes in carrying amounts of goodwill and other intangibles (core deposit intangibles) for the periods presented.

			Core Deposit Intangible
					Accumulated
	Goodwill		Gross		Amortization		Net
			(dollars in thousands)
Balance at January 1, 2017	$	6,931	$	3,219	$	(2,409)	$	810
Goodwill and core deposit intangible resulting from Premara merger		17,973		2,700		—		2,700
Amortization expense		—		—		(409)		(409)
Balance at December 31, 2017		24,904		5,919		(2,818)		3,101
Adjustment of goodwill		(325)		—		—		—
Amortization expense		—		—		(1,016)		(1,016)
Balance at December 31, 2018		24,579		5,919		(3,834)		2,085
Core deposit intangible resulting from branch acquisition		—		350		—		350
Amortization expense		—		—		(825)		(825)
Balance at December 31, 2019	$	24,579	$	6,269	$	(4,659)	$	1,610

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The table below summarizes the remaining core deposit intangible amortization (dollars in thousands):

2020	$	628
2021		435
2022		288
2023		147
2024		41
Thereafter		71
	$	1,610