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Goodwill and Core Deposit Intangible Assets
 12 Months Ended
Dec. 31, 2022
Other Intangible Assets [Abstract]  
Other Intangibles Assets GOODWILL AND CORE DEPOSIT INTANGIBLE ASSETS
Goodwill

At December 31, 2022 and 2021, the carrying value of goodwill was $94.7 million. There were no changes in the carrying value of goodwill for the years ended December 31, 2022 or 2021.

The Company performs its annual goodwill impairment assessment as of November 30th, and at interim periods if indicators of potential impairment exist.
The Company completed its annual goodwill impairment test as of November 30, 2022, 2021 and 2020 and determined goodwill was not impaired.

Previously recognized goodwill impairment was $3.6 million as of December 31, 2022 and 2021.

Core Deposit Intangible Assets

The gross carrying amount and accumulated amortization of core deposit intangible assets were as follows at the periods indicated:
December 31,
20222021
(In thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Core deposit intangible assets$6,451 $(4,888)$1,563 $6,451 $(4,263)$2,188 

For the years ended December 31, 2022, 2021 and 2020, the Company recorded amortization expense of $625,000, $655,000 and $682,000, respectively.

The following table reflects the amortization expense for core deposit intangible assets over the period of estimated economic benefit which will be fully realized by December 31, 2025:
(In thousands)Core Deposit
Intangible
2023$592 
2024556 
2025415 
Total$1,563