GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

The Company recorded goodwill of $30.5 million related to the acquisition of Town and Country during the year ended December 31, 2023. There were no additions to goodwill for the year ended December 31, 2022. For the year ended December 31, 2021, the Company recorded goodwill of $5.7 million related to the acquisition of NXT. The goodwill recorded in connection with the acquisitions of Town and Country and NXT were allocated to the Company's only reportable segment, Community Banking.

The following table summarizes the changes in the Company's intangible assets:


	Year Ended December 31,
	2023				2022				2021
(dollars in thousands)	Core Deposit Intangible		Customer Relationship Intangible		Core Deposit Intangible		Customer Relationship Intangible		Core Deposit Intangible		Customer Relationship Intangible

Beginning balance	$	1,070	$	—	$	1,943	$	—	$	2,798	$	—
Additions	21,282		1,000		—		—		199		—
Amortization	(2,578)		(92)		(873)		—		(1,054)		—
Ending balance	$	19,774	$	908	$	1,070	$	—	$	1,943	$	—
Accumulated amortization	$	23,425	$	92	$	20,847	$	—	$	19,974	$	—

Amortization of intangible assets for the years subsequent to December 31, 2023 is expected to be as follows (dollars in thousands):


Year ended December 31,
2024	$	2,839
2025	2,726
2026	2,411
2027	2,338
2028	2,255
Thereafter	8,113
Total	$	20,682