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Note 7 - Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | 7. Goodwill and Other Intangible Assets Goodwill. Total goodwill was $375.7 million as of December 31, 2024, and 2023. Additional information pertaining to the Company’s accounting policy for goodwill is summarized in Note 1 — Summary of Significant Accounting Policies — Goodwill and Other Intangible Assets. The Company completed its annual goodwill impairment testing and additionally reviewed the macroeconomic conditions on its business performance and market capitalization and concluded that goodwill was not impaired as of December 31, 2024, and 2023. Core Deposit Intangibles. The following table presents the gross carrying amount and accumulated amortization of core deposits intangible assets as of December 31, 2024, and 2023:
|  | December 31, |
|  | 2024 |  |  | 2023 |
|  | (In thousands) |
Gross balance |  | $ | 10,562 |  |  | $ | 10,562 |
Accumulated amortization |  |  | (6,292 | ) |  |  | (5,291 | )
Impairment |  |  | (1,324 | ) |  |  | (1,227 | )
Net carrying balance |  | $ | 2,946 |  |  | $ | 4,044 |
There were $0.1 million, $0.3 million and $0.9 million in impairment write-down on core deposit intangibles during the year of December 31, 2024, 2023 and 2022, respectively, included in amortization of core deposit intangibles on the Consolidated Statements of Operations and Comprehensive Income. The Company amortizes the core deposit intangibles based on the projected useful lives of the related deposits. The amortization expense related to the core deposit intangible assets was $1.1 million, $1.3 million and $1.9 million for the years ended December 31, 2024, 2023 and 2022, respectively.
|  | Amount |
|  | (In thousands) |
2025 |  | $ | 946 |
2026 |  | $ | 870 |
2027 |  | $ | 870 |
2028 |  | $ | 260 |
Total |  | $ | 2,946 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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