Goodwill and Other Intangible Assets |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Goodwill and Other Intangible Assets | |
| Goodwill and Other Intangible Assets | Note 6. Goodwill and Other Intangible Assets
As a result of a merger with LyndonBank on December 31, 2007, the Company recorded goodwill amounting to $11,574,269. Goodwill is not amortizable and is not deductible for tax purposes.
As of December 31, 2025, the most recent evaluation, management concluded that no impairment existed. Management evaluates its goodwill intangible for impairment at least annually, or more frequently as circumstances warrant. |