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Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

(7) Goodwill and Intangible Assets

The Company performed its annual impairment test as of December 31, 2021. Based on the results of the qualitative analysis, the Company concluded it was more likely than not that its goodwill was not impaired.

A summary of the other intangible assets that continue to be subject to amortization is as follows:

(Dollars in thousands)		As of December 31, 2021
		Gross carrying amount				Accumulated amortization				Net carrying amount
Core deposit intangible assets		$	2,018			$	(1,934	)		$	84
Lease intangible asset			-				-				-
Total other intangible assets		$	2,018			$	(1,934	)		$	84

		As of December 31, 2020
			Gross carrying amount				Accumulated amortization				Net carrying amount
Core deposit intangible assets		$	2,018			$	(1,838	)		$	180
Lease intangible asset			350				(324	)			26
Total other intangible assets		$	2,368			$	(2,162	)		$	206

The following sets forth estimated amortization expense for core deposit intangible assets for the years ending December 31:

(Dollars in thousands)		Amortization expense
(Dollars in thousands)		Amortization expense
2022		$	58
2023			26
Total		$	84