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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of 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)
Net
Intangible
Assets
AdditionsAccumulated
Amortization
Impairment
Net
Intangible
Assets
December 31, 2024:          
Goodwill$104,168 $— $— $(104,168)$— 
Excess servicing (1)
37 — (21)— 16 
Non-compete agreements720 — (720)— — 
Total $104,925 $— $(741)$(104,168)$16 
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, which are included in other assets. The Company has suspended its origination and selling activities in multifamily FHA loans, and therefore, as of December 31, 2024, the Company had no unamortized excess servicing assets for multifamily FHA loans.