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GOODWILL AND OTHER INTANGIBLES | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLES | GOODWILL AND OTHER INTANGIBLES Goodwill Goodwill represents the excess consideration paid for net assets acquired in a business combination over their fair values. At December 31, 2022 and 2021, we had goodwill of $114.3 million and $94.3 million. The following table presents changes in the carrying amount of goodwill for the periods indicated:
|  | Year Ended December 31,
($ in thousands) |  | 2022 |  | 2021 |  | 2020
Goodwill, beginning of the year |  | $ | 94,301 |  |  | $ | 37,144 |  |  | $ | 37,144 |
Goodwill from business combinations |  | 18,190 |  |  | 57,157 |  |  | — |
Goodwill adjustments for purchase accounting |  | 1,821 |  |  | — |  |  | — |
Goodwill, end of year |  | $ | 114,312 |  |  | $ | 94,301 |  |  | $ | 37,144 |
At December 31, 2022, goodwill included $18.2 million recognized in the Deepstack Acquisition and $59.0 million in the PMB Acquisition (refer to Note 2 — Business Combinations). During the year ended December 31, 2022, we adjusted goodwill as a result of updates to the initial fair value of core deposit intangibles and finalization of income tax returns related to PMB. During the measurement period (not to exceed one year from the acquisition date), the fair value of assets acquired and liabilities assumed are subject to adjustment if additional information becomes available to indicate a more accurate or appropriate value for an asset or liability. We evaluate goodwill for impairment as of October 1 each year, and more frequently if events or circumstances indicate that there may be impairment. We completed our most recent annual goodwill impairment test as of October 1, 2022. Based on the annual goodwill impairment tests performed during the years ended December 31, 2022, 2021 and 2020, we determined that there was no impairment of goodwill. Other Intangibles Other intangibles are comprised of the following as of the dates indicated:
($ in thousands) |  | December 31, 2022 |  | December 31, 2021
Core deposit intangibles |  | $ | 3,932 |  |  | $ | 6,411 |
Developed technology |  | 2,637 |  |  | — |
Other intangibles |  | 957 |  |  | — |
Total other intangibles |  | $ | 7,526 |  |  | $ | 6,411 |
Other intangibles are amortized over their estimated useful lives and reviewed for impairment at least quarterly. As of December 31, 2022, the weighted average remaining amortization period for core deposit intangibles was approximately 6.7 years. Amortization periods for developed technology and other intangibles acquired in the Deepstack Acquisition have useful lives ranging from 3 to 10 years. The following table presents changes in the carrying amount of intangibles for the periods indicated:
|  | Year Ended December 31,
($ in thousands) |  | 2022 |  | 2021 |  | 2020
Other intangibles: |  |  |  |  |  |
Balance, beginning of year |  | $ | 35,958 |  |  | $ | 30,904 |  |  | $ | 30,904 |
Other intangibles acquired from business combinations |  | 3,800 |  |  | 5,054 |  |  | — |
Purchase accounting adjustments |  | (980) |  |  | — |  |  | — |
Balance, end of year |  | 38,778 |  |  | 35,958 |  |  | 30,904 |
Accumulated amortization: |  |  |  |  |  |
Balance, beginning of year |  | 29,547 |  |  | 28,271 |  |  | 26,753 |
Amortization of other intangibles |  | 1,705 |  |  | 1,276 |  |  | 1,518 |
Balance, end of year |  | 31,252 |  |  | 29,547 |  |  | 28,271 |
Other intangibles, net |  | $ | 7,526 |  |  | $ | 6,411 |  |  | $ | 2,633 |
There was no impairment of other intangibles for the years ended December 31, 2022, 2021 and 2020. The following table presents estimated future amortization expenses of other intangibles as of December 31, 2022:
($ in thousands) |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 and After |  | Total
Estimated future amortization expense |  | $ | 1,799 |  |  | $ | 1,425 |  |  | $ | 1,107 |  |  | $ | 1,013 |  |  | $ | 811 |  |  | $ | 1,371 |  |  | $ | 7,526 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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