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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Gross Carrying Amounts and Accumulated Amortization of Other Intangible Assets The following table summarizes the gross carrying amounts and accumulated amortization of other intangible assets (dollars in thousands):

 

June 30, 2022

 

 

December 31, 2021

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

Core deposit intangible

$

9,660

 

$

(2,255

)

 

$

9,660

 

$

(1,389

)

Customer relationships intangible

 

773

 

 

(533

)

 

 

773

 

 

(499

)

Total

$

10,433

 

$

(2,788

)

 

$

10,433

 

$

(1,888

)

Schedule of Estimated Future Amortization Expense

Estimated future amortization expense as of June 30, 2022 is as follows (dollars in thousands):

 

Core

 

Customer

 

 

Deposit

 

Relationships

 

 

Intangible

 

Intangible

 

For the six months ending December 31, 2022

$

819

 

$

33

 

For the year ending December 31, 2023

 

1,493

 

 

67

 

For the year ending December 31, 2024

 

1,301

 

 

67

 

For the year ending December 31, 2025

 

1,110

 

 

67

 

For the year ending December 31, 2026

 

918

 

 

6

 

Thereafter

 

1,764

 

 

-

 

Total

$

7,405

 

$

240