Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Other Intangible Assets

The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets as December 31, 2020 and December 31, 2019 and the carrying amount of unamortizable intangible assets as of the same dates.

December 31, 2020

December 31, 2019

Gross Carrying

Accumulated

Gross Carrying

Accumulated

Amount

Amortization

Amount

Amortization

Amortizable Intangible Assets:

Core Deposit Intangible

1,600

—

Unamortizable Intangible Assets:

Goodwill

539

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following table presents the estimated amortization expense schedule related to acquisition-related amortizable intangible assets for each of the five calendar years ending December 31, 2025 and the estimated amount amortizable thereafter. These estimates are subject to change in future periods to the extent management determines it is necessary to make adjustments to the carrying value or estimated useful lives of amortizable intangible assets.

	Estimated
	Amortization
	Expense
2021	$	160
2022	160
2023	160
2024	160
2025	160
Thereafter	773
Total	$	1,573

PINNACLE BANKSHARES CORP 10-K