SUMMIT FINANCIAL GROUP, INC. Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Summit Financial Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Summit Financial Group, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $987K, a 188% increase year-over-year.
  • Summit Financial Group, Inc. Amortization of Intangible Assets for the twelve months ending March 31, 2024 was $3.98M, a 183% increase year-over-year.
  • Summit Financial Group, Inc. annual Amortization of Intangible Assets for 2023 was $3.34M, a 132% increase from 2022.
  • Summit Financial Group, Inc. annual Amortization of Intangible Assets for 2022 was $1.44M, a 7.87% decline from 2021.
  • Summit Financial Group, Inc. annual Amortization of Intangible Assets for 2021 was $1.56M, a 5.79% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $3.34M +$1.9M +132% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-12
2022 $1.44M -$123K -7.87% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-12
2021 $1.56M -$96K -5.79% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-12
2020 $1.66M -$42K -2.47% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
2019 $1.7M +$30K +1.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $1.67M +$261K +18.5% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-11
2017 $1.41M +$1.16M +471% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-06
2016 $247K +$47K +23.5% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $200K -$50K -20% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-02
2014 $250K -$101K -28.8% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $351K $0 0% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $351K $0 0% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $351K $0 0% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-07
2010 $351K Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.