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Intangible Assets and Goodwill | 12 Months Ended
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Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | (7) INTANGIBLE ASSETS AND GOODWILL The following is a summary of intangible assets:
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
|  | (Dollars in thousands) |
As of December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangibles |  | $ | 33,411 |  |  | $ | (15,076 | ) |  |  | 18,335 |
Customer relationship intangibles |  |  | 3,350 |  |  |  | (2,686 | ) |  |  | 664 |
Total |  | $ | 36,761 |  |  | $ | (17,762 | ) |  | $ | 18,999 |
As of December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangibles |  | $ | 35,856 |  |  | $ | (14,131 | ) |  | $ | 21,725 |
Customer relationship intangibles |  |  | 3,391 |  |  |  | (2,508 | ) |  |  | 883 |
Total |  | $ | 39,247 |  |  | $ | (16,639 | ) |  | $ | 22,608 |
The evaluation of intangible assets for the year ended December 31, 2019 resulted in an impairment of customer relationship intangibles of approximately $353,000 related to BancFirst Insurance Services, Inc. Estimated amortization of intangible assets for the next five years, as of December 31, 2020, is as follows (dollars in thousands):
Estimated Amortization |  |  |  |
2021 |  | $ | 2,977 |
2022 |  |  | 2,710 |
2023 |  |  | 2,693 |
2024 |  |  | 2,693 |
2025 |  |  | 2,476 |
At December 31, 2020, the weighted-average remaining life of all intangible assets was approximately 7.2 years which consisted of customer relationship intangibles with a weighted-average life of 4.0 years and core deposit intangibles with a weighted-average life of 7.3 years. 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) |
Year Ended December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 13,767 |  |  | $ | 59,894 |  |  | $ | 68,855 |  |  | $ | 5,464 |  |  | $ | 624 |  |  | $ | 148,604 |
Acquisitions |  |  | — |  |  |  | 1,318 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,318 |
Balance at end of period |  | $ | 13,767 |  |  | $ | 61,212 |  |  | $ | 68,855 |  |  | $ | 5,464 |  |  | $ | 624 |  |  | $ | 149,922 |
Year Ended December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 13,767 |  |  | $ | 59,894 |  |  | $ | — |  |  | $ | 5,464 |  |  | $ | 624 |  |  | $ | 79,749 |
Acquisitions |  |  | — |  |  |  | — |  |  |  | 68,855 |  |  |  | — |  |  |  | — |  |  |  | 68,855 |
Balance at end of period |  | $ | 13,767 |  |  | $ | 59,894 |  |  | $ | 68,855 |  |  | $ | 5,464 |  |  | $ | 624 |  |  | $ | 148,604 |
The Company acquired Citizens on March 5, 2020, which added $1.3 million in goodwill. The Company acquired Pegasus Bank on August 15, 2019, which added $68.9 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.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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