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Goodwill, Core Deposit Intangible and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Goodwill and Core Deposit Intangible Assets

The following table summarizes the changes in the Company’s goodwill and core deposit intangible assets for the years ended December 31, 2019, 2018, and 2017:

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

Goodwill

 

 

Core Deposit

Intangible

 

 

Customer

Relationship

Intangible

 

 

Goodwill

 

 

Core Deposit

Intangible

 

 

Customer

Relationship

Intangible

 

 

Goodwill

 

 

Core Deposit

Intangible

 

 

Customer

Relationship

Intangible

 

Beginning balance

 

$

128,177

 

 

$

30,360

 

 

$

3,059

 

 

$

54,562

 

 

$

16,720

 

 

$

 

 

$

51,975

 

 

$

19,776

 

 

$

 

Additions

 

 

20,176

 

 

 

6,220

 

 

 

 

 

 

73,615

 

 

 

19,060

 

 

 

3,216

 

 

 

2,587

 

 

 

 

 

 

 

Amortization or accretion

 

 

 

 

 

(7,469

)

 

 

(268

)

 

 

 

 

 

(5,420

)

 

 

(157

)

 

 

 

 

 

(3,056

)

 

 

 

Ending balance

 

$

148,353

 

 

$

29,111

 

 

$

2,791

 

 

$

128,177

 

 

$

30,360

 

 

$

3,059

 

 

$

54,562

 

 

$

16,720

 

 

$

 

Accumulated amortization or accretion

 

N/A

 

 

$

26,355

 

 

$

425

 

 

N/A

 

 

$

18,886

 

 

$

157

 

 

N/A

 

 

$

13,466

 

 

N/A

 

Weighted average remaining amortization

   or accretion period

 

N/A

 

 

6.5 Years

 

 

10.4 Years

 

 

N/A

 

 

6.8 Years

 

 

11.4 Years

 

 

N/A

 

 

5.6 Years

 

 

N/A

 

Estimated Amortization Expense for Core Deposit Intangible and Other Intangible Assets Recognized

The following table presents the estimated amortization expense for core deposit intangible and other intangible assets recognized at December 31, 2019:

 

 

 

Estimated

Amortization

 

2020

 

$

7,577

 

2021

 

 

7,012

 

2022

 

 

6,440

 

2023

 

 

4,336

 

2024

 

 

2,286

 

Thereafter

 

 

4,251

 

Total

 

$

31,902