v3.25.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Other Intangible Assets  
Summary of other intangible assets

The following table presents a summary of other intangible assets at June 30, 2025 and December 31, 2024:

June 30, 

December 31, 

(dollars in thousands)

    

2025

    

2024

Core Deposit Intangible

$

8,833

$

8,833

Favorable Lease

 

445

 

445

Subtotal

 

9,278

 

9,278

Accumulated Amortization

 

(1,888)

 

(1,428)

Totals

$

7,390

$

7,850

Summary of estimated future amortization of the core deposit premium intangible and favorable lease asset

The following table presents the estimated future amortization of the core deposit intangible and favorable lease assets for the next five years and thereafter. The projections of amortization expense are based on existing asset balances as of June 30, 2025.

Core Deposit

Favorable

(dollars in thousands)

Intangible

    

Lease

2025

$

443

$

17

2026

 

871

 

34

2027

 

852

 

34

2028

 

830

 

34

2029

 

803

 

18

2030

773

Thereafter

 

2,681

 

Totals

$

7,253

$

137