SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of change in goodwill

The change in goodwill during the year is as follows ($ in thousands):

	2020		2019		2018
Beginning of year	$	158,572	$	89,750	$	19,960
Acquired goodwill		(1,628)		68,822		69,790
End of year	$	156,944	$	158,572	$	89,750

Schedule of Condensed Balance Sheets

	2020
	Gross				Net
	Carrying		Accumulated		Carrying
($ in thousands)	Amount		Amortization		Amount
Core deposit intangibles	$	42,651	$	(11,895)	$	30,756

	2019
	Gross				Net
	Carrying		Accumulated		Carrying
	Amount		Amortization		Amount
Core deposit intangibles	$	38,095	$	(7,802)	$	30,293

Amortization Expense of Purchase Accounting Intangible Assets

The related amortization expense of business combination related intangible assets is as follows:

($ in thousands)	Amount
Aggregate amortization expense for the year ended December 31:
2018	$	1,656
2019		3,216
2020		4,093

	Amount
Estimated amortization expense for the year ending December 31:
2021	$	4,137
2022		3,967
2023		3,921
2024		3,891
2025		3,876
Thereafter		10,964
	$	30,756

Reconciliation of Numerators and Denominators of Basic and Diluted Computations Applicable to Common Shareholders

For the Year Ended December 31, 2020
	Net		Weighted Average
	Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount
Basic per common share	$	52,505	20,718,544	$	2.53
Effect of dilutive shares:
Restricted Stock		—	104,106
	$	52,505	20,822,650	$	2.52

For the Year Ended December 31, 2019
	Net		Weighted Average
	Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount
Basic per common
share	$	43,745	17,050,095	$	2.57
Effect of dilutive shares:
Restricted Stock		—	133,990
	$	43,745	17,184,085	$	2.55

For the Year Ended December 31, 2018
	Net		Weighted Average
	Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount
Basic per common share	$	21,225	12,985,733	$	1.63
Effect of dilutive shares:
Restricted Stock		—	108,192
	$	21,225	13,093,925	$	1.62