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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill and Other Intangible Assets

The Company’s goodwill and other intangible assets (carrying basis and accumulated amortization) as of September 30, 2023 and December 31, 2022 were as follows:

 

 

 

September 30, 2023

 

 

December 31, 2022

 

 

 

(Dollars in Thousands)

 

Goodwill

 

$

7,435

 

 

$

7,435

 

Core deposit intangible:

 

 

 

 

 

 

Gross carrying amount

 

 

2,048

 

 

 

2,048

 

Accumulated amortization

 

 

(1,841

)

 

 

(1,682

)

Core deposit intangible, net

 

 

207

 

 

 

366

 

Total

 

$

7,642

 

 

$

7,801

 

Schedule of Estimated Remaining Amortization Expense

The Company’s estimated remaining amortization expense on intangible assets as of September 30, 2023 was as follows:

 

 

 

Amortization Expense

 

 

 

(Dollars in Thousands)

 

2023

 

$

36

 

2024

 

 

122

 

2025

 

 

49

 

Total

 

$

207