GOODWILL AND OTHER INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS, NET

At December 31, 2019 and 2018, goodwill totaled $37.1 million. The following table presents changes in the carrying amount of goodwill for the periods indicated:



	Year Ended December 31,
($ in thousands)	2019		2018		2017
Goodwill balance at beginning of the year	$	37,144	$	37,144	$	39,244
Goodwill adjustments for discontinued operations	—		—		(2,100		)
Goodwill balance at end of year	$	37,144	$	37,144	$	37,144
Accumulated impairment losses at end of year	$	2,100	$	2,100	$	2,100

During the year ended December 31, 2017, we discontinued our mortgage banking operations following the sale of our Banc Home Loans division and wrote off goodwill of $2.1 million against the gain on disposal of discontinued operations.

We evaluate goodwill impairment as of August 31 each year, and more frequently if events or circumstances indicate that there may be impairment. We completed our annual goodwill impairment test as of August 31, 2019 and determined that no goodwill impairment existed.

Core deposit intangibles are amortized over their useful lives ranging from four to ten years. As of December 31, 2019, the weighted-average remaining amortization period for core deposit intangibles was approximately 4.7 years. The following table presents a summary of other intangible assets as of the dates indicated:



($ in thousands)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
December 31, 2019
Core deposit intangibles	$	30,904	$	26,753	$	4,151
December 31, 2018
Core deposit intangibles	$	30,904	$	24,558	$	6,346

We recorded impairment on intangible assets of $0, $0, and $336 thousand for the years ended December 31, 2019, 2018, and 2017. During the year ended December 31, 2017, we also wrote off a client relationship intangible of $246 thousand and a trade name intangible of $90 thousand.

Aggregate amortization of intangible assets was $2.2 million, $3.0 million and $3.9 million for the years ended December 31, 2019, 2018, and 2017. The following table presents estimated future amortization expenses as of December 31, 2019:



($ in thousands)	Estimated Future Amortization Expense
2020	$	1,518
2021	1,082
2022	799
2023	517
2024	235
2025 and After	—
Total	$	4,151