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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2022
Goodwill and Other Intangible Assets |
Goodwill and Other Intangible Assets | Note 9 — Goodwill and Other Intangible Assets Goodwill. The goodwill balance at both December 31, 2022 and 2021 was $56.6 million. ​ Other Intangible Assets. The following table sets forth the other intangible assets activity (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022 | ​ | December 31, 2021
​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​ | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​
​ |  | Value |  | Amortization |  | Total |  | Value |  | Amortization |  | Total
Finite‑lived intangible assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Broker relationships | ​ | $ | 25,000 | ​ | $ | (20,182) | ​ | $ | 4,818 | ​ | $ | 25,000 | ​ | $ | (17,057) | ​ | $ | 7,943
Borrower relationships | ​ |  | 14,400 | ​ |  | (9,300) | ​ |  | 5,100 | ​ |  | 14,400 | ​ |  | (7,860) | ​ |  | 6,540
Below market leases | ​ |  | 4,010 | ​ |  | (3,485) | ​ |  | 525 | ​ |  | 4,010 | ​ |  | (3,359) | ​ |  | 651
Infinite‑lived intangible assets: | ​ |  |  | ​ |  | ​ | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  | ​
Fannie Mae DUS license | ​ |  | 17,100 | ​ |  | — | ​ |  | 17,100 | ​ |  | 17,100 | ​ |  | — | ​ |  | 17,100
Freddie Mac Program Plus license | ​ |  | 8,700 | ​ |  | — | ​ |  | 8,700 | ​ |  | 8,700 | ​ |  | — | ​ |  | 8,700
FHA license | ​ |  | 3,200 | ​ |  | — | ​ |  | 3,200 | ​ |  | 3,200 | ​ |  | — | ​ |  | 3,200
​ | ​ | $ | 72,410 | ​ | $ | (32,967) | ​ | $ | 39,443 | ​ | $ | 72,410 | ​ | $ | (28,276) | ​ | $ | 44,134
​ The amortization expense recorded for these intangible assets were $4.7 million, $4.7 million and $5.3 million during 2022, 2021 and 2020, respectively. At December 31, 2022, the weighted average remaining lives of our amortizable finite-lived intangible assets and the estimated amortization expense for each of the next five years are as follows ($ in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Estimated Amortization Expense for the
​ | ​ | ​ | ​ | Years Ending December 31,
​ | ​ | Wtd. Avg. | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Remaining Life | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | (in years) |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027
Finite‑lived intangible assets: |  |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Broker relationships |  | 1.5 | ​ | $ | 3,125 | ​ | $ | 1,693 | ​ | $ | — | ​ | $ | — | ​ | $ | —
Borrower relationships |  | 3.5 | ​ |  | 1,440 | ​ |  | 1,440 | ​ |  | 1,440 | ​ |  | 780 | ​ |  | —
Below market leases |  | 4.2 | ​ |  | 126 | ​ |  | 126 | ​ |  | 126 | ​ |  | 126 | ​ |  | 21
​ |  | 2.7 | ​ | $ | 4,691 | ​ | $ | 3,259 | ​ | $ | 1,566 | ​ | $ | 906 | ​ | $ | 21
​ See Note 20 for details of goodwill and other intangible assets by segment.

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