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Goodwill And Other Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
During first quarter 2020, we evaluated recent potential triggering events that might be indicators that our goodwill was impaired. The events include, among others, the economic disruption and uncertainty surrounding the COVID-19 pandemic. We determined that there were no indicators of impairment noted as of March 31, 2020.

The following tables present our goodwill activity for the quarter ending September 30, 2020 and the balance of other intangible assets at September 30, 2020 and December 31, 2019.
 
Dollars in thousandsGoodwill Activity
Balance, January 1, 2020$12,658 
Reclassifications to goodwill— 
Acquired goodwill25,487 
Balance, September 30, 2020$38,145 
 Other Intangible Assets
Dollars in thousandsSeptember 30, 2020December 31, 2019
Identifiable intangible assets  
Gross carrying amount$15,569 $14,727 
Less: accumulated amortization
(5,613)(4,363)
Net carrying amount$9,956 $10,364 

We recorded amortization expense of $412,000 and $1,251,000 for the three and nine months ended September 30, 2020 and $404,000 and $1,300,000 for the three and nine months ended September 30, 2019, relative to our identifiable intangible assets.  

Amortization relative to our identifiable intangible assets is expected to approximate the following during the next five years and thereafter:
Core Deposit
Dollars in thousandsIntangible
Three month period ending December 31, 2020$408 
Year ending December 31, 20211,532 
Year ending December 31, 20221,396 
Year ending December 31, 20231,260 
Year ending December 31, 20241,124 
Thereafter4,165