OTHER INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2025

OTHER INTANGIBLE ASSETS

OTHER INTANGIBLE ASSETS

11. OTHER INTANGIBLE ASSETS

The following table presents the carrying amount and accumulated amortization of intangible assets that are amortizable.

(In thousands)	March 31, 2025		December 31, 2024
Gross carrying value	$	10,204	$	10,204
Accumulated amortization		(6,560)		(6,308)
Net carrying amount	$	3,644	$	3,896

Amortization expense recognized on intangible assets was $252 thousand and $307 thousand for the three months ended March 31, 2025 and March 31, 2024, respectively.

Estimated amortization expense for the remainder of 2025 through 2029 and thereafter is as follows:

(In thousands)
2025	$	706
2026		795
2027		664
2028		560
2029		475
Thereafter		444
Total	$	3,644