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Note 8 - Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2021
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | Note 8. Goodwill and Other Intangible Assets Goodwill The Company has one reporting unit for goodwill impairment testing purposes, Community Banking. The Company performed its annual assessment of goodwill as of October 31,2021, and concluded that the carrying value of goodwill was not impaired. No events have occurred after the analysis to indicate potential impairment. As of January 1, 2019, the Company goodwill totaled $92.75 million. The December 31, 2019, acquisition of Highlands added $36.82 million in goodwill; resulting in a ending balance of $129.57 million. There was no change in the balance for 2021 or 2020.: Other Intangible Assets As of December 31, 2021, the remaining lives of core deposit intangibles ranged from 3 years to 8 years with a weighted average remaining life of 6 years. The following table presents the components of other intangible assets as of the dates indicated:
|  | December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
(Amounts in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangibles |  | $ | 12,674 |  |  | $ | 12,674 |  |  | $ | 8,184 |
Acquisitions |  |  | — |  |  |  | — |  |  |  | 4,490 |
Accumulated amortization |  |  | (7,052 | ) |  |  | (5,605 | ) |  |  | (4,155 | )
Core deposit intangibles, net |  |  | 5,622 |  |  |  | 7,069 |  |  |  | 8,519 |
Other identifiable intangibles |  |  | — |  |  |  | — |  |  |  | — |
Accumulated amortization |  |  | — |  |  |  | — |  |  |  | — |
Other identifiable intangibles, net |  |  | — |  |  |  | — |  |  |  | — |
Total other intangible assets, net |  | $ | 5,622 |  |  | $ | 7,069 |  |  | $ | 8,519 |
Amortization expense for other intangible assets was $1.45 million in 2021, and 2020, and $997 thousand in 2019. The following schedule presents the estimated amortization expense for intangible assets, by year, as of December 31, 2021:
(Amounts in thousands) |  |  |  |
2022 |  | $ | 1,446 |
2023 |  |  | 878 |
2024 |  |  | 856 |
2025 |  |  | 647 |
2026 |  |  | 449 |
2027 and thereafter |  |  | 1,346 |
Total estimated amortization expense |  | $ | 5,622 |

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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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