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Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

(5)	INTANGIBLE ASSETS

The following is a summary of intangible assets:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(Dollars in thousands)
As of September 30, 2019
Core deposit intangibles	$	35,855	$	(13,210	)	$	22,645
Customer relationship intangibles		5,699		(4,376	)		1,323
Mortgage servicing intangibles		375		(318	)		57
Total	$	41,929	$	(17,904	)	$	24,025
As of December 31, 2018
Core deposit intangibles	$	25,907	$	(11,113	)	$	14,794
Customer relationship intangibles		5,699		(4,115	)		1,584
Mortgage servicing intangibles		397		(305	)		92
Total	$	32,003	$	(15,533	)	$	16,470

The following is a summary of goodwill by business segment:

							Other		Executive,
	Metropolitan		Community		Pegasus		Financial		Operations
	Banks		Banks		Bank		Services		& Support		Consolidated
	(Dollars in thousands)
Nine months ended September 30, 2019
Balance at beginning of period	$	13,767	$	59,894	$	—	$	5,464	$	624	$	79,749
Acquisitions		—		—		67,264		—		—		67,264
Balance at beginning and end of period	$	13,767	$	59,894	$	67,264	$	5,464	$	624	$	147,013

The Company acquired Pegasus Bank on August 15, 2019, which added $67.3 million in goodwill. The Company did not apply push down accounting and therefore the goodwill associated with this acquisition is included at the holding company level.

Additional information for intangible assets can be found in Note (7) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018.