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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
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 June 30, 2024 and December 31, 2023 were as follows:

 

 

 

June 30, 2024

 

 

December 31, 2023

 

 

 

(Dollars in Thousands)

 

Goodwill

 

$

7,435

 

 

$

7,435

 

Core deposit intangible:

 

 

 

 

 

 

Gross carrying amount

 

 

2,048

 

 

 

2,048

 

Accumulated amortization

 

 

(1,951

)

 

 

(1,877

)

Core deposit intangible, net

 

 

97

 

 

 

171

 

Total

 

$

7,532

 

 

$

7,606

 

Schedule of Estimated Remaining Amortization Expense

The Company’s estimated remaining amortization expense on intangible assets as of June 30, 2024 was as follows:

 

 

 

Amortization Expense

 

 

 

(Dollars in Thousands)

 

2024

 

$

48

 

2025

 

 

49

 

Total

 

$

97