Annual report pursuant to Section 13 and 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.22.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Information Concerning Intangible Assets with Finite Life

The Company analyzed its intangible assets on a quarterly basis throughout 2021, and concluded no impairment existed as of the balance sheet date. Information concerning intangible assets with a finite life is presented in the following table (dollars in thousands):

    

Gross

    

    

Net

Carrying

Accumulated

Carrying

Value

Amortization

Value

December 31, 2021

 

  

 

  

 

  

Core deposit intangibles

$

101,724

$

66,739

$

34,985

Other amortizable intangibles

 

14,893

 

6,566

 

8,327

December 31, 2020

 

  

 

  

 

  

Core deposit intangibles

$

135,300

$

88,109

$

47,191

Other amortizable intangibles

 

15,240

 

5,246

 

9,994

Estimated Remaining Amortization Expense of Intangibles As of December 31, 2021, the estimated remaining amortization expense of intangibles for the years ended is as follows (dollars in thousands):

2022

    

$

11,490

2023

9,687

2024

7,820

2025

6,221

2026

4,420

Thereafter

3,674

Total estimated amortization expense

$

43,312