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Goodwill and Core Deposit Intangible Assets | 12 Months Ended
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Dec. 31, 2021
Other Intangible Assets [Abstract] |
Other Intangibles Assets | GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS Goodwill At December 31, 2021 and 2020, the carrying value of goodwill was $94.7 million. There were no changes in the carrying value of goodwill for the year ended December 31, 2021 or 2020. The Company performs its annual goodwill impairment assessment as of November 30 th, and at interim periods if indicators of potential impairment exist. The Company completed its annual goodwill impairment test as of November 30, 2021, 2020 and 2019 and determined goodwill was not impaired. Previously recognized goodwill impairment was $3.6 million as of December 31, 2021 and 2020. Core Deposit Intangible Assets The gross carrying amount and accumulated amortization of core deposit intangible assets were as follows at the periods indicated:
|  | December 31,
|  | 2021 |  | 2020
(In thousands) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Core deposit intangible assets |  | $ | 6,451 |  |  | $ | (4,263) |  |  | $ | 2,188 |  |  | $ | 6,451 |  |  | $ | (3,608) |  |  | $ | 2,843 |
For the years ended December 31, 2021, 2020 and 2019, the Company recorded amortization expense of $655,000, $682,000 and $705,000, respectively. The following table reflects the amortization expense for core deposit intangible assets over the period of estimated economic benefit:
(In thousands) |  | Core Deposit Intangible
2022 |  | $ | 625 |
2023 |  | 592 |
2024 |  | 556 |
2025 |  | 415 |
2026 |  | — |
Thereafter |  | — |
Total |  | $ | 2,188 |

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- Definition Other Intangible Assets [Abstract] + References No definition available. + Details
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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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