Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

Intangible assets are included in the Consolidated Balance Sheets as a separate line item, net of accumulated amortization and consist of the following items:

(dollars in thousands)	Gross Intangible Assets		Additions		Accumulated Amortization		FHA MSR Sales		Net Intangible Assets
December 31, 2022
Goodwill	$	104,168	$	—	$	—	$	—	$	104,168
Core deposit	—		—		—		—		—
Excess servicing (1)	87		67		(89)				65
Non-compete agreements	—		—		—		—		—
	$	104,255	$	67	$	(89)	$	—	$	104,233
December 31, 2021
Goodwill	$	104,168	$	—	$	—	$	—	$	104,168
Core deposit	7,070		—		(7,070)		—		—
Excess servicing (1)	139		130		(182)				87
Non-compete agreements	345		—		(345)		—		—
	$	111,722	$	130	$	(7,597)	$	—	$	104,255

(1) The Company recognizes a servicing asset for the computed value of servicing fees on the sale of multifamily FHA loans and the sale of the guaranteed portion of SBA loans. Assumptions related to loan terms and amortization are made to arrive at the initial recorded values, which are included in other assets.

Schedule of future estimated amortization expense

The future estimated annual amortization expense is presented below:

Years Ending December 31:
(dollars in thousands)	Amount
2023	$	9
2024	9
2025	9
2026	9
2027	9
Thereafter	20
Total annual amortization	$	65