XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets as of September 30, 2022 and December 31, 2021, and the carrying amount of unamortized intangible assets as of those same dates.
|  | September 30, 2022 |  | December 31, 2021
($ in thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Amortizable intangible assets: |  |  |  |  |  |  |  |
Customer lists |  | $ | 2,700 |  |  | 1,731 |  |  | 2,700 |  |  | 1,386 |
Core deposit intangibles |  | 29,050 |  |  | 20,571 |  |  | 29,050 |  |  | 18,076 |
SBA servicing assets |  | 13,090 |  |  | 8,699 |  |  | 11,932 |  |  | 6,460 |
Other |  | 100 |  |  | 52 |  |  | 100 |  |  | 33 |
Total |  | $ | 44,940 |  |  | 31,053 |  |  | 43,782 |  |  | 25,955 |
Unamortizable intangible assets: |  |  |  |  |  |  |  |
Goodwill |  | $ | 364,263 |  |  |  |  | 364,263 |  |  |
SBA Servicing Assets | The following table presents the changes in the SBA servicing assets for the three and nine months ended September 30, 2022 and 2021.
|  | Three months ended September 30, |  | Nine months ended September 30,
($ in thousands) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Beginning balance, net |  | $ | 4,967 |  |  | 6,089 |  |  | 5,472 |  |  | 5,788 |
Add: New servicing assets |  | 131 |  |  | 396 |  |  | 1,158 |  |  | 1,711 |
Less: Amortization and impairment expense |  | 707 |  |  | 591 |  |  | 2,239 |  |  | 1,605 |
Ending balance, net |  | $ | 4,391 |  |  | 5,894 |  |  | 4,391 |  |  | 5,894 |
Schedule of the Estimated Amortization Expense | The following table presents the estimated amortization expense schedule related to acquisition-related amortizable intangible assets. These amounts will be recorded as "Intangibles amortization expense" within the noninterest expense section of the Consolidated Statements of Income. These estimates are subject to change in future periods to the extent management determines it is necessary to make adjustments to the carrying value or estimated useful lives of amortized intangible assets.
($ in thousands) |  | Estimated Amortization Expense
October 1, 2022 to December 31, 2022 |  | $ | 825 |
2023 |  | 2,545 |
2024 |  | 1,718 |
2025 |  | 1,358 |
2026 |  | 962 |
Thereafter |  | 2,088 |
Total |  | $ | 9,496 |

X
- Definition SBA Servicing Assets + References No definition available. + Details
Name: | fbnc_SBAServicingAssetsTableTextBlock
Namespace Prefix: | fbnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration