XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill | 6 Months Ended
--- | ---
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL | NOTE 8 – GOODWILL A summary of the activity in goodwill is presented below:
|  | Six Months Ended June 30, |
($ in thousands) |  | 2021 |  |  | 2020 |
Beginning balance |  | $ | 22,091 |  |  | $ | 17,792 |
Acquired goodwill |  |  | - |  |  |  | 4,325 |
Ending balance |  | $ | 22,091 |  |  | $ | 22,117 |
Goodwill is not amortized but is evaluated for impairment annually, and on an interim basis if events or circumstances change that indicate an impairment may exist. When assessing goodwill for impairment, first, a qualitative assessment can be made to determine whether it is more likely than not that the estimated fair value of a reporting unit is less that its estimated carrying value. If the results of the qualitative assessment are not conclusive, a quantitative goodwill test is performed. Alternatively, a quantitative goodwill test can be performed without performing a qualitative assessment. Goodwill was assessed for impairment using a quantitative test performed as of September 30, 2020 and reevaluated as of December 31, 2020. The Company again reviewed goodwill as of June 30, 2021 and the estimated fair value of the reporting unit exceeded the net carrying value, and therefore no goodwill impairment existed as of that date. No events or circumstances since the December 31, 2020 impairment test were noted that would indicate it was more likely than not a goodwill impairment exists.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration