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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | Goodwill and Other Intangible Assets The following table shows the activity in goodwill and other intangible assets for the years ended December 31, 2022, 2021 and 2020.
(In thousands) |  | Goodwill |  | Other Intangible Assets |  | Total
January 1, 2020 |  | $ | 159,595 |  |  | $ | 11,523 |  |  | $ | 171,118 |
Amortization |  | — |  |  | 2,263 |  |  | 2,263 |
December 31, 2020 |  | $ | 159,595 |  |  | $ | 9,260 |  |  | $ | 168,855 |
Amortization |  | — |  |  | 1,798 |  |  | 1,798 |
December 31, 2021 |  | $ | 159,595 |  |  | $ | 7,462 |  |  | $ | 167,057 |
Amortization |  | — |  |  | 1,487 |  |  | 1,487 |
December 31, 2022 |  | $ | 159,595 |  |  | $ | 5,975 |  |  | $ | 165,570 |
Goodwill Goodwill impairment exists when a reporting unit's carrying value exceeds its fair value. Park evaluates goodwill for impairment on April 1 of each year, with financial data as of March 31. At April 1, 2022, the Company's reporting unit, PNB, had positive equity and the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of the reporting unit exceeded its carrying value, including goodwill. The qualitative assessment indicated that it was more likely than not that the fair value of the reporting unit exceeded its carrying value, resulting in no impairment. Acquired Intangible Assets The following table shows the balance of acquired intangible assets as of December 31, 2022 and 2021.
| 2022 |  | 2021
(In thousands) | Gross Carrying Amount |  | Accumulated Amortization/Impairment |  | Gross Carrying Amount |  | Accumulated Amortization
Other intangible assets: |  |  |  |  |  |  |
Core deposit intangibles | $ | 14,456 |  |  | $ | 8,481 |  |  | $ | 14,456 |  |  | $ | 6,994 |
Trade name intangible | 1,300 |  |  | 1,300 |  |  | 1,300 |  |  | 1,300 |
Total | $ | 15,756 |  |  | $ | 9,781 |  |  | $ | 15,756 |  |  | $ | 8,294 |
Core deposit intangibles are being amortized, on an accelerated basis, over a period of ten years. Amortization expense for the core deposit intangibles was $1.5 million, $1.8 million and $2.3 million for the years ended December 31, 2022, 2021 and 2020, respectively. The following is a schedule of estimated core deposit intangibles amortization expense for each of the next five years:
(In thousands) |  | Total
2023 |  | $ | 1,323 |
2024 |  | 1,215 |
2025 |  | 1,042 |
2026 |  | 887 |
2027 |  | 754 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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