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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2021
Goodwill and Other Intangible Assets

(6) Goodwill and Other Intangible Assets

The majority of our identified intangibles are in the form of amortizable core deposit premium.  A small portion of the fully amortized identified intangibles represent identified intangibles in the acquisition of the rights to the insurance agency contracts of InsCorp, Inc., acquired in 2008. Information on our identified intangible assets follows:

Carrying

Accumulated

 

Amount

Amortization

Net

 

(Dollars in Thousands)

 

December 31, 2021:

    

    

    

    

    

    

Core deposit premium

$

58,675

$

58,675

$

Identified intangible (contract rights)

 

2,022

 

2,022

 

Total identified intangibles

$

60,697

$

60,697

$

December 31, 2020:

Core deposit premium

$

58,675

$

58,675

$

Identified intangible (contract rights)

 

2,022

 

2,022

 

Total identified intangibles

$

60,697

$

60,697

$

Amortization expense of intangible assets was $0, $0 and $0 for the years ended December 31, 2021, 2020 and 2019.

There were no changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020.