XML 29 R15.htm IDEA: XBRL DOCUMENT v3.19.1
Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Goodwill and Intangible Assets

Goodwill and intangible assets:
 
Past business combinations have created $66.1 million in goodwill for the Company. Finite lived intangible assets of the Company represent a core deposit premium recorded upon the purchase of certain assets and liabilities from other financial institutions.
 
The following table presents information about our core deposit premium intangible asset at December 31 (in thousands):

 
 
2018
 
2017
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Amortized intangible asset:
 
 

 
 

 
 

 
 

Core deposit intangible
 
$
14,549

 
$
1,602

 
$
8,589

 
$
626


 
The following table presents information about aggregate amortization expense for 2018 and 2017 and for the succeeding fiscal years as follows (in thousands):
 
 
2018
 
2017
Aggregate amortization expense of core deposit premium intangible
 
$
976

 
$
346


 
Note 7. Goodwill and Intangible Assets, Continued

Goodwill and intangible assets (continued):

Estimated aggregate amortization expense of the core deposit premium intangible for the year ending December 31 (in thousands): 

2019
$
1,368

2020
1,351

2021
1,334

2022
1,317

2023
1,301

Thereafter
6,276

Total
$
12,947