Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

GOODWILL AND OTHER INTANGIBLE ASSETS

The Company reported goodwill of $156.3 million at December 31, 2019 and $136.4 million at December 31, 2018. The Company recorded $19.8 million in goodwill from the Highlands merger in January 2019.

Core deposit intangible was $4.3 million on December 31, 2019 compared to $1.8 million on December 31, 2018. The Company recorded core deposit intangible of $3.7 million for the Highlands acquisition. In 2019, amortization of core deposit intangible totaled $1.2 million. The estimated future amortization expense for each of the succeeding five years ended December 31 is as follows:

(in thousands)
2020	$	1,025
2021	868
2022	711
2023	554
2024	425