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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Acquired Intangible Assets

Acquired Intangible Assets

Acquired intangible assets were as follows:

 

 

June 30, 2022

 

 

December 31, 2021

 

(In Thousands of Dollars)

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

 

Gross Carrying
Amount

 

 

Accumulated
Amortization

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Customer relationship intangibles

$

7,210

 

 

$

(6,716

)

 

$

7,210

 

 

$

(6,641

)

Non-compete contracts

 

430

 

 

 

(395

)

 

 

430

 

 

 

(392

)

Trade name

 

520

 

 

 

(373

)

 

 

520

 

 

 

(356

)

Core deposit intangible

 

12,866

 

 

 

(6,015

)

 

 

12,866

 

 

 

(5,271

)

Total

$

21,026

 

 

$

(13,499

)

 

$

21,026

 

 

$

(12,660

)

Estimated Amortization Expense

Estimated amortization expense for each of the next five periods and thereafter:

 

2022 (6 months)

$

831

 

2023

 

1,198

 

2024

 

894

 

2025

 

833

 

2026

 

741

 

Thereafter

 

3,030

 

Total

$

7,527