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Goodwill and Other Intangible Assets (Tables) - USD ($) $ in Thousands | 12 Months Ended
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Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |  |  |
Changes in Goodwill | Goodwill represents the excess of the cost of acquired assets over the fair value of the underlying liabilities assumed at the date of acquisition. Changes in goodwill were as follows (in thousands):
| Trust Segment |  | Advisory Segment |  | Total
Balance at December 31, 2021 | $ | 16,401 |  |  | $ | — |  |  | $ | 16,401 |
Salient Acquisition | — |  |  | 19,331 |  |  | 19,331 |
Balance at December 31, 2022 | 16,401 |  |  | 19,331 |  |  | 35,732 |
Salient Acquisition adjustment 1 | — |  |  | (428) |  |  | (428) |
Broadmark Acquisition | — |  |  | 4,197 |  |  | 4,197 |
Balance at December 31, 2023 | $ | 16,401 |  |  | $ | 23,100 |  |  | $ | 39,501 |
Summary of Intangible Assets | The following is a summary of intangible assets at December 31, 2023 and 2022 (in thousands, except years):
|  | Weighted Average Amortization Period (years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
2023 |  |  |  |  |  |  |  |
Client relationships |  | 15.0 |  | $ | 34,397 |  |  | $ | (12,906) |  |  | $ | 21,491 |
Internally developed software |  | 5.8 |  | 1,439 |  |  | (1,258) |  |  | 181 |
Trade name |  | 3.0 |  | 3,800 |  |  | (1,372) |  |  | 2,428 |
Non-compete agreements |  | 3.0 |  | 1,100 |  |  | (397) |  |  | 703 |
|  |  |  | $ | 40,736 |  |  | $ | (15,933) |  |  | $ | 24,803 |
2022 |  |  |  |  |  |  |  |
Client relationships |  | 15.0 |  | $ | 34,397 |  |  | $ | (10,636) |  |  | $ | 23,761 |
Internally developed software |  | 5.8 |  | 1,439 |  |  | (1,012) |  |  | 427 |
Trade name |  | 3.0 |  | 3,800 |  |  | (105) |  |  | 3,695 |
Non-compete agreements |  | 3.0 |  | 1,100 |  |  | (31) |  |  | 1,069 |
|  |  |  | $ | 40,736 |  |  | $ | (11,784) |  |  | $ | 28,952 |
Amortization expense | $ 4,149 | $ 1,889 | $ 1,624
Estimated Amortization Expense for Intangible Assets over the Next Five Years | Estimated amortization expense for intangible assets over the next five years, and thereafter, is as follows (in thousands):
For the year ending December 31, |  | Estimated Amortization Expense
2024 |  | $ | 4,095 |
2025 |  | 3,939 |
2026 |  | 2,293 |
2027 |  | 2,293 |
2028 |  | 2,293 |
Thereafter |  | 9,890 |
Total |  | $ | 24,803 |

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