Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill and intangibles

The following table details the changes in fair value of net assets acquired and liabilities assumed from the amounts reported in the Form 10-Q for the quarterly period ended September 30, 2019 (dollars in thousands):

Goodwill at September 30, 2019	$	40,761
Effect of adjustments to deferred income taxes	(631		)
Goodwill at December 31, 2019	$	40,130

The changes in the carrying amount of goodwill and intangibles for the twelve months ended December 31, 2019, are as follows (dollars in thousands):

	Goodwill		Intangibles
Balance at December 31, 2018	$	43,872	$	926
Additions	40,130		8,200
Amortization	—		(1,398		)
Balance at December 31, 2019	$	84,002	$	7,728

Goodwill and intangible assets

Goodwill and intangible assets at December 31, 2019 and 2018 are as follow (dollars in thousands):

	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
December 31, 2019
Core deposit intangibles	$	19,708	$	(11,980	)	$	7,728
Goodwill	84,002		—			84,002
December 31, 2018
Core deposit intangibles	$	11,508	$	(10,582	)	$	926
Goodwill	43,872		—			43,872

Estimated future amortization expense of core deposit intangibles

As of December 31, 2019, the estimated future amortization expense of core deposit intangibles is as follows (dollars in thousands):

Year	Amount
2020	$	1,637
2021	1,464
2022	1,260
2023	1,069
2024	800
2025 and after	1,498
Total	$	7,728