Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Intangible assets

Schedule of changes in carrying amount of goodwill

	September 30,		December 31,
Dollars in Thousands	2020		2019
Balance at the beginning of the period	$	9,391	$	5,237
Partners acquisition		—		4,154
Impairment		—		—
Balance at the end of the period	$	9,391	$	9,391

Schedule of the net effect of amortization of premiums and accretion of discounts associated with acquisition accounting adjustments to assets acquired and liabilities assumed

	September 30,		September 30,
	2020		2019
Nine Months Ended	Dollars in Thousands
Adjustments to net income
Loans (1)	$	1,391	$	335
Time deposits (2)		(3)		19
Core deposit intangible (3)		(540)		(227)
Note Payable (4)		(5)		—
Net impact to income before taxes	$	843	$	127

	September 30,		September 30,
	2020		2019
Three Months Ended	Dollars in Thousands
Adjustments to net income
Loans (1)	$	307	$	104
Time deposits (2)		(2)		6
Core deposit intangible (3)		(177)		(76)
Note Payable (4)		(1)		—
Net impact to income before taxes	$	127	$	34

(1) Loan discount accretion is included in the "Loans, including fees" section of "Interest Income" in the Consolidated Statement of Income.

(2) Time deposit discount accretion is included in the "Deposits" section of "Interest Expense" in the Consolidated Statement of Income.

(3) Core deposit intangible premium amortization is included in the "Other Expense" section of "Non-interest Expense" in the Consolidated Statement of Income.

Note payable discount accretion is included in the "Borrowings" section of "Interest Expense" in the Consolidated Statement of Income.

Core deposit intangible

Intangible assets

Summary of changes in the intangible assets

	September 30,		December 31,
Dollars in Thousands	2020		2019
Balance at the beginning of the period	$	3,373	$	1,069
Partners acquisition		—		2,650
Amortization		(540)		(346)
Balance at the end of the period	$	2,833	$	3,373

Schedule of future amortization

	September 30,
Dollars in Thousands	2020
2020	$	173
2021		600
2022		520
2023		467
2024 and thereafter		1,073
	$	2,833

Deposits Purchased Premium (Discount) Net

Intangible assets

Summary of changes in the intangible assets

	September 30,		December 31,
Dollars in Thousands	2020		2019
Balance at the beginning of the period	$	(31)	$	27
Partners acquisition		—		(38)
Amortization, net		3		(20)
Balance at the end of the period	$	(28)	$	(31)

Schedule of future accretion

	September 30,
Dollars in Thousands	2020
2020	$	5
2021		14
2022		6
2023		2
2024 and thereafter		1
	$	28