v3.25.3

CORE DEPOSIT INTANGIBLES | 9 Months Ended
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Sep. 30, 2025
CORE DEPOSIT INTANGIBLES |
CORE DEPOSIT INTANGIBLES | NOTE 6: CORE DEPOSIT INTANGIBLES Core deposit intangibles are intangible assets having definite useful lives arising from whole bank acquisitions. Core deposit intangibles are amortized on an accelerated method over their estimated useful lives, ranging from 7 to 10 years. At September 30, 2025 and December 31, 2024, core deposit intangible assets totaled $2.7 million and $3.6 million, respectively, and we recognized $886 thousand and $1.1 million in core deposit intangible amortization expense for the nine-month periods ended September 30, 2025 and September 30, 2024, respectively.

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