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Goodwill and Other Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill. The goodwill balance at both December 31, 2024 and 2023 was $56.6 million.
Other Intangible Assets. The following table sets forth the other intangible assets activity (in thousands):
December 31, 2024December 31, 2023
Gross
Carrying Value		Accumulated
Amortization		TotalGross
Carrying Value		Accumulated
Amortization		Total
Finite‑lived intangible assets:
Broker relationships$25,000 $(25,000)$— $25,000 $(23,307)$1,693 
Borrower relationships14,400 (12,180)2,220 14,400 (10,740)3,660 
Below market leases4,010 (3,737)273 4,010 (3,611)399 
Infinite‑lived intangible assets:
Fannie Mae DUS license17,100 — 17,100 17,100 — 17,100 
Freddie Mac Program Plus license8,700 — 8,700 8,700 — 8,700 
FHA license3,200 — 3,200 3,200 — 3,200 
$72,410 $(40,917)$31,493 $72,410 $(37,658)$34,752 
The amortization expense recorded for these intangible assets was $3.3 million in 2024 and $4.7 million in both 2023 and 2022.
At December 31, 2024, the weighted average remaining lives of our amortizable finite-lived intangible assets and the estimated annual amortization expense are as follows ($ in thousands):
Wtd. Avg.
Remaining Life
(in years)		Estimated Amortization Expense for the
Years Ending December 31,
202520262027
Finite‑lived intangible assets:
Borrower relationships1.5$1,440 $780 $— 
Below market leases2.2126 126 21 
1.6$1,566 $906 $21 
See Note 21 for details of goodwill and other intangible assets by segment.