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Goodwill and Other Intangible Assets | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 5 – Goodwill and Other Intangible Assets Goodwill and other intangible assets acquired in a business combination and determined to have an indefinite useful life are not amortized but tested for impairment at least annually or more frequently if events and circumstances exist that indicate that an impairment test should be performed. Intangible assets with definite useful lives are amortized over their estimated useful lives, which range from 5 to 12 years. Goodwill is the only intangible asset with an indefinite life on the consolidated balance sheets. As of March 31, 2023 and December 31, 2022, the Company's goodwill totaled $26.8 million. The following table presents information on amortizable intangible assets included on the consolidated balance sheets as of the dates stated.
|  | March 31, 2023 |
(Dollars in thousands) |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |
Core deposit intangibles |  | $ | 9,626 |  |  | $ | (4,659 | ) |  | $ | 4,967 |
Other amortizable intangibles |  |  | 3,337 |  |  |  | (2,108 | ) |  |  | 1,229 |
Total |  | $ | 12,963 |  |  | $ | (6,767 | ) |  | $ | 6,196 |
|  | December 31, 2022 |
(Dollars in thousands) |  | Gross Carrying Value |  |  | Accumulated Amortization |  |  | Net Carrying Value |
Core deposit intangibles |  | $ | 9,626 |  |  | $ | (4,330 | ) |  | $ | 5,296 |
Other amortizable intangibles |  |  | 3,282 |  |  |  | (1,995 | ) |  |  | 1,287 |
Total |  | $ | 12,908 |  |  | $ | (6,325 | ) |  | $ | 6,583 |
Included in other amortizable intangibles were loan servicing assets of $843 thousand and $876 thousand at March 31, 2023 and December 31, 2022, respectively, related to the servicing of the government guaranteed portion of certain loans that the Company has sold. Loan servicing assets of $55 thousand were added during the three months ended March 31, 2023. The amortization of these intangibles is included in interest and fees on loans in the consolidated statements of operations and totaled $87 thousand and $39 thousand for the three months ended March 31, 2023 and March 31, 2022, respectively. The Company retains servicing rights on residential mortgages originated and sold to the secondary market. The fair value of MSR assets was $27.1 million and $29.0 million as of March 31, 2023 and December 31, 2022, respectively.

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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