Note 6 - Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

NOTE 6 Goodwill and Other Intangible Assets

The following table summarizes the carrying amount of goodwill, by segment, as of March 31, 2025 and December 31, 2024:

		*March 31,*				*December 31,*
(dollars in thousands)		*2025*				*2024*
Banking		$	74,111			$	74,111
Retirement and benefit services			11,523				11,523
Total goodwill		$	85,634			$	85,634

Goodwill is evaluated for impairment on an annual basis, at a minimum, and more frequently when the economic environment or specific circumstances warrant. The Company determined that there was no goodwill impairment as of March 31, 2025.

The gross carrying amount and accumulated amortization for each type of identifiable intangible asset, as of March 31, 2025 and December 31, 2024, were as follows:

		*March 31, 2025*												*December 31, 2024*
(dollars in thousands)		*Gross Carrying Amount*				*Accumulated Amortization*				*Total*				*Gross Carrying Amount*				*Accumulated Amortization*				*Total*
Identifiable customer intangibles		$	27,504			$	(20,477	)		$	7,027			$	41,423			$	(33,736	)		$	7,687
Core deposit intangible assets			41,092				(6,947	)			34,145				41,092				(4,897	)			36,195
Total intangible assets		$	68,596			$	(27,424	)		$	41,172			$	82,515			$	(38,633	)		$	43,882

Amortization of total intangible assets was $2.7 million and $1.3 million for the three months ended March 31, 2025 and 2024, respectively.