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OTHER INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2021
OTHER INTANGIBLE ASSETS |
OTHER INTANGIBLE ASSETS | 12.OTHER INTANGIBLE ASSETS As a result of the Merger, the Company recorded $10.2 million of core deposit intangible assets and a $780 thousand non-compete agreement intangible asset on the Merger Date. ​ The following table presents the carrying amount and accumulated amortization of intangible assets that are amortizable and arose from the Merger. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Core Deposit | ​ | ​ | Non-complete | ​ | ​ | ​
(In thousands) | ​ | ​ | Intangibles |  | ​ | Agreement |  | ​ | Total
Gross carrying value | ​ | $ | 10,204 | ​ | $ | 780 | ​ | $ | 10,984
Accumulated amortization | ​ |  | (357) | ​ | ​ | - | ​ | ​ | (357)
Net carrying amount | ​ | $ | 9,847 | ​ | $ | 780 | ​ | $ | 10,627
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ ​ Amortization expense recognized on intangible assets was $357 thousand for the three months ended March 31, 2021. There was no amortization expense recognized on intangible assets for the three months ended March 31, 2020. ​ Estimated amortization expense for the remainder of 2021 through 2025 and thereafter is as follows: ​
​ | ​ | ​ | ​
(In thousands) | ​ | ​ | Total
2021 | ​ | $ | 2,265
2022 | ​ | ​ | 1,878
2023 | ​ | ​ | 1,425
2024 | ​ | ​ | 1,163
2025 | ​ | ​ | 958
Thereafter | ​ | ​ | 2,938
Total | ​ | $ | 10,627
​

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