As of December 31, 2023 and December 31, 2022, the Company's goodwill totaled $0 and $26.8 million, respectively. During the third quarter of 2023, management concluded that goodwill had become impaired as a result of the decline in the Company's stock price and its market value relative to its book value. Accordingly, an impairment charge totaling $26.8 million, the entire amount of goodwill reported in the consolidated balance sheet, was recognized during the third quarter of 2023.

The following tables present information on amortizable intangible assets included on the consolidated balance sheets as of the dates stated.


	December 31, 2023
(Dollars in thousands)	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
Core deposit intangibles	$	9,626	$	(5,582	)	$	4,044
Other amortizable intangibles		3,962		(2,624	)		1,338
Total	$	13,588	$	(8,206	)	$	5,382

	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

Intangible amortization expense is included in noninterest expense or interest and fees on loans in the consolidated statements of operations depending on the intangible. For the years ended December 31, 2023, 2022, and 2021, intangible amortization expense totaled $1.3 million, $1.5 million, and $1.7 million, respectively.

Included in other amortizable intangibles were loan servicing assets of $1.3 million and $876 thousand as of December 31, 2023 and 2022, respectively, related to the servicing of the government guaranteed portion of certain loans that the Company has sold. Loan servicing assets of $679 thousand and $820 thousand were added during the years ended December 31, 2023 and 2022, respectively. The amortization of these intangibles is included in interest and fees on loans in the consolidated statements of operations and totaled $216 thousand and $306 thousand for the years ended December 31, 2023 and 2022, respectively.

The following table presents estimated intangible asset amortization expense of the core deposit intangibles and other amortizable intangibles for the next five years and thereafter from the date stated.


(Dollars in thousands)	December 31, 2023
2024	$	1,457
2025		1,195
2026		940
2027		704
2028		486
Thereafter		600
Total	$	5,382

The Company retains servicing rights on mortgages originated and sold to the secondary market. The fair value of MSR assets was $27.1 million and $29.0 million as of December 31, 2023 and 2022, respectively.