Goodwill and Intangibles (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets

Intangible assets are included in the Consolidated Balance Sheets as a separate line item, net of accumulated amortization and consist of the following items:


(dollars in thousands)	Gross Intangible Assets		Additions		Accumulated Amortization		Impairment		Net Intangible Assets
June 30, 2024:
Goodwill	$	104,168	$	—	$	—	$	(104,168)	$	—

Excess servicing (1)	37		—		(11)		—		26
Non-compete agreements	720		—		(617)		—		103
Total	$	104,925	$	—	$	(628)	$	(104,168)	$	129
December 31, 2023:
Goodwill	$	104,168	$	—	$	—	$	—	$	104,168

Excess servicing (1)	65		—		(28)		—		37
Non-compete agreements	—		1,234		(514)		—		720
Total	$	104,233	$	1,234	$	(542)	$	—	$	104,925

(1)The Company recognizes a servicing asset for the computed value of servicing fees on the sale of multifamily FHA loans and the sale of the guaranteed portion of SBA loans. Assumptions related to loan terms and amortization are made to arrive at the initial recorded values.