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Goodwill and Core Deposit Intangible Assets | 12 Months Ended
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Dec. 31, 2019
Other Intangible Assets [Abstract] |
Other Intangibles Assets | GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS Goodwill At December 31, 2019 and 2018, the carrying value of goodwill was $94.7 million. There were no changes in the carrying value of goodwill for the year ended December 31, 2019 or 2018. The Company performs its annual goodwill impairment assessment as of November 30 th, and at interim periods if indicators of potential impairment exist. The Company completed its annual goodwill impairment test as of November 30, 2019, 2018 and 2017 and determined goodwill was no t impaired. Accumulated impairment losses were $3.6 million as of December 31, 2019, 2018 and 2017. Core Deposit Intangible Assets The gross carrying amount and accumulated amortization of core deposit intangible assets were as follows at the periods indicated:
|  | December 31,
|  | 2019 |  | 2018
(In thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Core deposit intangible |  | $ | 6,451 |  |  | $ | (2,926 | ) |  | $ | 3,525 |  |  | $ | 6,451 |  |  | $ | (2,221 | ) |  | $ | 4,230 |
For the year ended December 31, 2019, 2018 and 2017, the Company recorded amortization expense of $705,000, $725,000 and $1.8 million, respectively. The following table reflects the amortization expense for core deposit intangible assets over the period of estimated economic benefit:
(In thousands) |  | Core Deposit Intangible
2020 |  | $ | 682 |
2021 |  | 655 |
2022 |  | 625 |
2023 |  | 592 |
2024 |  | 556 |
Thereafter |  | 415 |
Total |  | $ | 3,525 |

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- Definition Other Intangible Assets [Abstract] + References No definition available. + Details
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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 http://asc.fasb.org/topic&trid=2144416 + Details
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