GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND OTHER INTANGIBLE ASSETS

The following table presents changes in goodwill for the years ended December 31, 2019 and 2018.

	2019		2018
Balance, beginning of year	$	12,592	$	719
Acquired goodwill	7,029		11,873
Adjustments to acquired goodwill	304		—
Balance, end of year	$	19,925	$	12,592

The following table presents changes in other intangible assets for the years ended December 31, 2019 and 2018.

	2019		2018
Balance, beginning of year	$	3,910	$	356
Acquired CDI	4,550		3,840
Non-compete agreement	290		—
Amortization expense	(1,570)		(286)
Balance, end of year	$	7,180	$	3,910

The following table presents the components of other identifiable intangible assets at December 31, 2019 and 2018.

	2019				2018
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Core deposit intangibles	$	8,390	$	1,493	$	3,840	$	190
Other client relationship intangibles	524		338		931		671
Non-compete agreement	290		193		—		—
Total	$	9,204	$	2,024	$	4,771	$	861

During 2019, other client relationship intangibles with a gross carrying amount of $406 thousand were fully amortized.

The following table presents future estimated aggregate amortization expense at December 31, 2019.

2020	$	1,591
2021	1,313
2022	1,137
2023	960
2024	784
Thereafter	1,395
	$	7,180

The Company incurred amortization expense of $1.6 million, $286 thousand and $102 thousand, respectively, in the years ending December 31, 2019, 2018 and 2017.