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Intangible Assets
12 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets INTANGIBLE ASSETS
With the acquisition of CCB in fiscal year 2018, the Company recognized goodwill of $8.0 million, which is calculated as the consideration exchanged in excess of the fair value of assets, net of the fair value of liabilities assumed. Certain purchase accounting adjustments were applied during the measurement period in fiscal year 2019, resulting in a $1.3 million increase in goodwill associated with the acquisition of CCB. The Company also recognized $10.1 million of other intangible assets in conjunction with the acquisition which is largely composed of core deposit intangibles. These other intangible assets are being amortized over their estimated lives, which management determined to be 8.0 years at the time of acquisition.

Changes in the carrying amount of the Company's intangible assets, which are included in other assets on the consolidated balance sheet, are presented in the following table.
Core Deposit and
 Goodwill Other Intangibles
 (Dollars in thousands)
Balance at September 30, 2017$—  $— 
Acquisition of CCB7,989   10,052 
Less: Amortization— (234)
Balance at September 30, 20187,989  9,819 
Purchase accounting adjustments1,335  — 
Less: Amortization—  (2,316)
Balance at September 30, 20199,324  7,503 
Purchase accounting adjustments— — 
Less: Amortization— (1,964)
Balance at September 30, 2020$9,324 $5,539 

As of September 30, 2020, there was no impairment recorded on goodwill or other intangible assets.

The estimated amortization expense for the next five years related to the core deposit and other intangible assets as of September 30, 2020 is presented in the following table (dollars in thousands):
2021$1,659 
20221,358 
20231,056 
2024761 
2025509