Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2019

Summary of gross carrying amount of intangible assets and the associated accumulated amortization

The gross carrying amount of the core deposit intangibles and the associated accumulated amortization at March 31, 2019 and December 31, 2018, are presented as follows:

March 31, 2019

December 31, 2018

Gross

Net

Gross

Net

carrying

Accumulated

carrying

carrying

Accumulated

carrying

amount

amortization

amount

amount

amortization

amount

Core deposit intangible

$

48,834

$

39,215

$

9,619

$

48,834

$

38,920

$

9,914

Summary of changes in the mortgage servicing rights

Below are the changes in the mortgage servicing rights for the periods presented:

	For the three months ended March 31,
	2019		2018
Beginning balance	$	3,556	$	—
Acquired through acquisition		—		4,301
Originations		13		—
Impairment		(54)		—
Amortization		(153)		(171)
Ending balance	$	3,362	$	4,130
Fair value of mortgage servicing rights		3,564		4,712

Core Deposits

Summary of estimated future amortization expense for the next five fiscal years

The following table shows the estimated future amortization expense for the core deposit intangibles as of March 31, 2019:

Years ending December 31,		Amount
For the nine months ending December 31, 2019	$	887
For the year ending December 31, 2020		1,183
For the year ending December 31, 2021		1,183
For the year ending December 31, 2022		1,127
For the year ending December 31, 2023		1,048

Mortgage servicing rights

Summary of estimated future amortization expense for the next five fiscal years

The following table shows the estimated future amortization expense for the mortgage servicing rights as of March 31, 2019:

Years ending December 31,		Amount
For the nine months ending December 31, 2019	$	449
For the year ending December 31, 2020		519
For the year ending December 31, 2021		427
For the year ending December 31, 2022		351
For the year ending December 31, 2023		288