Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

Intangible Assets and Goodwill

At December 31, 2023, intangible assets consisted of goodwill of $83.90 million and other intangible assets of $0.02 million, which was net of accumulated amortization of $0.12 million. At December 31, 2022, intangible assets consisted of goodwill of $83.87 million and other intangible assets of $0.04 million, which was net of accumulated amortization of $0.10 million. Intangible asset amortization was $0.11 million, $0.02 million, and $0.02 million for 2023, 2022, and 2021, respectively. Amortization on other intangible assets is expected to total $0.02 million, $0.00 million, $0.00 million, $0.00 million, and $0.00 million in 2024, 2025, 2026, 2027, and 2028, respectively.

The following table shows a summary of other intangible assets as of December 31.

(Dollars in thousands)	2023		2022
Other intangibles:
Gross carrying amount	$	146	$	146
Less: accumulated amortization	(125)		(106)
Net carrying amount	$	21	$	40