GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

GOODWILL AND INTANGIBLE ASSETS

Schedule of goodwill

Goodwill was as follows at year-end:

	2022		2021		2020
Beginning of year	$	86,135	$	78,592	$	78,592
Acquired goodwill		850		7,543		—
Impairment		—		—		—
End of year	$	86,985	$	86,135	$	78,592

Intangible Assets Subject to Amortization

Goodwill related to the acquisition of Hancock Bancorp, Inc. was increased by $850 thousand in 2022 due to adjustments to deferred tax assets related to the filing of the final Hancock Bancorp, Inc. tax return.

Intangible assets subject to amortization at December 31, 2022 and 2021 are as follows:

	2022				2021
	Gross		Accumulated		Gross		Accumulated
(Dollar amounts in thousands)	Amount		Amortization		Amount		Amortization
Core deposit intangible	$	21,857	$	15,143	$	21,857	$	13,833
	$	21,857	$	15,143	$	21,857	$	13,833

Estimated Amortization Expense

Estimated amortization expense for the next five years is as follows:

	In thousands
2023	$	1,128
2024		888
2025		786
2026		679
2027		590