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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The changes in goodwill included in the core banking segment during the nine month periods ended September 30, 2021 and 2020 were as follows (in thousands):
|  | 2021 |  | 2020
Beginning of year |  | $ | 21,824 |  |  | $ | 21,824 |
Acquired goodwill |  | — |  |  | — |
Ending balance September 30, |  | $ | 21,824 |  |  | $ | 21,824 |
Acquired intangible assets were as follows at September 30, 2021 and December 31, 2020 (in thousands):
|  | At September 30, 2021 |  | At December 31, 2020
|  | Balance Acquired |  | Accumulated Amortization |  | Balance Acquired |  | Accumulated Amortization
Core deposit intangibles |  | $ | 5,975 |  |  | $ | 5,975 |  |  | $ | 5,975 |  |  | $ | 5,962 |
Other customer relationship intangibles |  | 5,633 |  |  | 5,607 |  |  | 5,633 |  |  | 5,388 |
Total |  | $ | 11,608 |  |  | $ | 11,582 |  |  | $ | 11,608 |  |  | $ | 11,350 |
Aggregate amortization expense was $42 thousand and $120 thousand for the three month periods ended September 30, 2021 and 2020, respectively. Aggregate amortization expense was $0.2 million and $0.4 millions for the nine month periods ended September 30, 2021 and 2020, respectively. The remaining estimated aggregate amortization expense at September 30, 2021 is listed below (in thousands):
Year |  | Estimated Expense
2021 |  | $ | 26 |
Total |  | $ | 26 |
The amount of goodwill reflected in the Corporation's Unaudited Consolidated Financial statements is required to be tested by management for impairment on at least an annual basis. The test for impairment of goodwill on the identified reporting unit is considered a critical accounting estimate because it requires judgement on the part of management and the use of estimates relate to the growth assumptions and market multiples used in the valuation model. Goodwill impairment testing is performed annually as of December 31 and no impairment charges were incurred.

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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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