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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2019
Goodwill and Other Intangibles [Abstract] |
Schedule of Components of Goodwill and Other Acquired Intangible Assets | The following table provides information on the significant components of goodwill and other acquired intangible assets at December 31, 2019 and 2018. On December 31, 2018 the Company sold its insurance subsidiary, Avon Dixon, LLC and discontinued operations of its premium finance company, Mubell, LLC, which have been removed from the table. In addition, on May 19, 2017, the Bank acquired three branches located in Arbutus, Owings Mills and Elkridge, Maryland from NWBI. The purchase of these branches resulted in core deposit intangibles of $4.0 million and goodwill of $15.0 million.
December 31, 2019
|  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted
|  | Gross |  | Accumulated |  |  |  |  | Net |  | Average
|  | Carrying |  | Impairment |  | Accumulated |  | Carrying |  | Remaining Life
(Dollars in thousands) |  | Amount |  | Charges |  | Amortization |  | Amount |  | (in years)
Goodwill |  | $ | 19,728 |  | $ | (1,543) |  | $ | (667) |  | $ | 17,518 |  |  | —
Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangible |  | $ | 3,954 |  | $ | — |  | $ | (1,702) |  | $ | 2,252 |  |  | 5.7
Total other intangible assets |  | $ | 3,954 |  | $ | — |  | $ | (1,702) |  | $ | 2,252 |  |  |
December 31, 2018
|  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted
|  | Gross |  |  | Accumulated |  |  |  |  | Net |  | Average
|  | Carrying |  | Impairment |  |  | Accumulated |  | Carrying |  | Remaining Life
(Dollars in thousands) |  | Amount |  | Charges |  |  | Amortization |  | Amount |  | (in years)
Goodwill |  | $ | 19,728 |  | $ | (1,543) |  | $ | (667) |  | $ | 17,518 |  |  | —
Other intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortizable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core deposit intangible |  | $ | 3,954 |  | $ | — |  | $ | (1,097) |  | $ | 2,857 |  |  | 7.2
Total other intangible assets |  | $ | 3,954 |  | $ | — |  | $ | (1,097) |  | $ | 2,857 |  |  |
Future Amortization Expense for Amortizable Other Intangible Assets | The following table provides information on current period and estimated future amortization expense for amortizable other intangible assets.
(Dollars in thousands) |  | Amortization Expense
2020 |  | $ | 533
2021 |  |  | 461
2022 |  |  | 389
2023 |  |  | 317
2024 |  |  | 246
Thereafter |  |  | 306
Total amortizing intangible assets |  | $ | 2,252

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