EMB-145 First Officer reported engine failure during climb. The flight crew ran the checklists and QRH. Flight crew performed an air turn back and landing at departure airport.

Narrative

At FL230 just as we crossed ZZZZZ; the Captain and I heard a noise from the Engine and immediately felt the plane jolt to the nose left. At this time ATC had cleared down to 14000 ft. and we immediately told them that we had an Engine issue and need to stay at altitude while we try and trouble shoot. After the Captain ran through the QRH; and after a failed Engine Restart where there was no indication coming from N2; we both decided that we needed to [request priority handling] and land at ZZZ. We believed ZZZ to be our best option as we are both familiar with the approaches and we knew we were doing to have to do an ILS at either airport so we chose ZZZ. The Captain communicated first with the Flight Attendant; then with the passengers and then with Company Dispatch to let them know the situation. ATC then vectored us for the ILS Runway XXC in ZZZ. As we got off the runway; Fire Equipment was present and checked our Left Engine for any sign of fire. There was none so we taxied to our gate.