Intangible assets, net

12 Months Ended

Dec. 31, 2019

8. Intangible assets, net:

The gross carrying amount of core deposit intangible assets totaled $8,146 at December 31, 2019 and 2018. The gross carrying amount of trade name intangible assets totaled $203 at December 31, 2019 and 2018. The gross carrying amount of the intangible asset related to the acquisition of an asset management and retirement plan services company acquired in 2015 totaled $1,091 at December 31, 2019 and 2018. The accumulated amortization on core deposit intangible assets was $7,071 and $6,515 at December 31, 2019 and 2018, respectively. The accumulated amortization trade name intangible assets was $168 and $149 at December 31, 2019 and 2018, respectively. The accumulated amortization on the asset management and retirement plan services intangible asset was $636 and $480 at December 31, 2019 and 2018, respectively.

The estimated amortization expense on intangible assets in years subsequent to December 31, 2019, is as follows:


2020	$	606
2021		491
2022		363
2023		105
Total	$	1,565