v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of changes in goodwill

Changes in goodwill were as follows (dollars in thousands):

Balance, July 1, 2024

10,879

Acquired

Balance, December 31, 2024

10,879

Acquired

720

Impairment Charge

(2,000)

Balance, December 31, 2025

$

9,599

Schedule of acquired other intangible assets

Acquired other intangible assets were as follows (dollars in thousands):

  ​ ​ ​

December 31, 

2025

2024

Customer relationship intangibles:

 

  ​

 

  ​

Gross carrying amount

$

5,523

$

5,042

Less: accumulated amortization

 

(2,899)

 

(2,455)

Net carrying amount

 

2,624

 

2,587

Weighted average remaining useful life (in years)

3.98

4.02

Core deposit intangibles:

 

  ​

 

  ​

Gross carrying amount

562

562

Less: accumulated amortization

 

(475)

 

(444)

Net carrying amount

 

87

 

118

Weighted average remaining useful life (in years)

2.06

2.39

Total other intangible assets:

 

  ​

 

  ​

Gross carrying amount

6,085

5,604

Less: accumulated amortization

 

(3,374)

 

(2,899)

Net carrying amount

$

2,711

$

2,705

Schedule of estimated amortization expense for the next five years

Estimated amortization expense for the next five years is as follows (dollars in thousands):

Year ending December 31, 

  ​ ​ ​

  ​

2026

$

477

2027

 

426

2028

 

375

2029

 

325

2030

 

274