v3.26.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Acquired Intangible Assets, Other than Goodwill

Acquired intangible assets, other than goodwill, as of June 30, 2026 and December 31, 2025 were as follows:

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Core deposit intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

19,643

 

 

$

10,618

 

 

$

9,025

 

 

 

19,643

 

 

 

9,226

 

 

$

10,417

 

Total core deposit intangible assets

 

$

19,643

 

 

$

10,618

 

 

$

9,025

 

 

$

19,643

 

 

$

9,226

 

 

$

10,417

 

 
Schedule of Mortgage Servicing Rights (MSRs)

Activity for mortgage servicing rights ("MSRs") for the three and six months ended June 30, 2026 and June 30, 2025 was as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Mortgage Servicing Rights:

 

 

 

 

 

 

 

 

 

 

 

 

Balance at Beginning of Period

 

$

2,615

 

 

$

2,832

 

 

$

2,683

 

 

$

2,877

 

Additions

 

 

41

 

 

 

24

 

 

 

54

 

 

 

48

 

Additions from acquisition

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Disposals

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Amortized to expense

 

 

(102

)

 

 

(81

)

 

 

(183

)

 

 

(150

)

Other charges

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Change in valuation allowance

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Balance at End of Period

 

$

2,554

 

 

$

2,775

 

 

$

2,554

 

 

$

2,775

 

 

 
Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the next five years and thereafter is as follows:

 

 

 

MSRs

 

 

Core deposit
intangibles

 

 

Total

 

2026(1)

 

$

76

 

 

$

1,319

 

 

$

1,395

 

2027

 

 

150

 

 

 

2,395

 

 

 

2,545

 

2028

 

 

145

 

 

 

1,923

 

 

 

2,068

 

2029

 

 

144

 

 

 

1,218

 

 

 

1,362

 

2030

 

 

142

 

 

 

944

 

 

 

1,086

 

Thereafter

 

 

1,897

 

 

 

1,226

 

 

 

3,123

 

 

$

2,554

 

 

$

9,025

 

 

$

11,579

 

(1) 2026 includes six months of amortization expense for the period from July 1, 2026 through December 31, 2026.