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Goodwill and Other Intangibles | 6 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | Note 6 — Goodwill and other Intangibles The goodwill of $11.0 million was recorded as a result of the acquisition of an equipment financing agreements portfolio in 2016. The core deposit intangible of $2.2 million was recognized for the core deposits acquired in a 2014 acquisition. The Company’s intangible assets were as follows for the periods indicated:
|  |  |  | June 30, 2024 |  |  | December 31, 2023 |
|  | Amortization Period |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
|  |  |  | (in thousands) |
Core deposit intangible |  | 10 years |  | $ | 2,213 |  |  | $ | (2,196 | ) |  | $ | 17 |  |  | $ | 2,213 |  |  | $ | (2,145 | ) |  | $ | 68 |
Third-party originator's intangible |  | 7 years |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 483 |  |  |  | (483 | ) |  |  | — |
Goodwill |  | N/A |  |  | 11,031 |  |  |  | — |  |  |  | 11,031 |  |  |  | 11,031 |  |  |  | — |  |  |  | 11,031 |
Total intangible assets |  |  |  | $ | 13,244 |  |  | $ | (2,196 | ) |  | $ | 11,048 |  |  | $ | 13,727 |  |  | $ | (2,628 | ) |  | $ | 11,099 |
The Company performed an impairment analysis in the second quarter of 2024 and determined there was no impairment as of June 30, 2024. No triggering event occurred as of, or subsequent to June 30, 2024, that would require a reassessment of goodwill and other intangible assets.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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