v3.25.2
Note 12 - Goodwill and Other Intangibles
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

Note 12 – Goodwill and Other Intangibles

Core deposit intangible amortization expense was $95 and $192 for the three and six months ended June 30, 2025. Core deposit intangible amortization expense was $35 for the three and six months ended June 30, 2024. The following table provides information on the significant components of goodwill and other acquired intangible assets during the six months ended June 30, 2025.

 

 

Beginning Balance

 

 

Additions

 

 

Measurement Period Adjustment

 

 

Accumulated Amortization

 

 

Ending Balance

 

Goodwill

 

$

10,718

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

10,718

 

Core deposit intangible

 

$

1,863

 

 

$

-

 

 

$

-

 

 

$

(192

)

 

$

1,671

 

 

As of June 30, 2025, estimated future remaining amortization of the core deposit intangible within the years ending December 31, is as follows:

 

 

Amortization Expense

 

2025

 

$

181

 

2026

 

 

331

 

2027

 

 

290

 

2028

 

 

248

 

2029

 

 

207

 

2030

 

 

165

 

Thereafter

 

 

249

 

Total amortizing core deposit intangible

 

$

1,671