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Significant Estimates and Concentrations
9 Months Ended
Sep. 30, 2023
Significant Estimates and Concentrations [Abstract]  
Significant Estimates and Concentrations
Note 12:
Significant Estimates and Concentrations
 
GAAP requires disclosure of certain significant estimates and current vulnerabilities due to certain concentrations.  Estimates related to the allowance for credit losses are reflected in Note 6 regarding loans.  Current vulnerabilities due to off-balance sheet credit risk are discussed in Note 11.

As of September 30, 2023, hospitality loans were 21% of gross total loans with outstanding balances of $292.8 million and unfunded commitments of $6.4 million; energy loans were 16% of gross total loans with outstanding balances of $223.5 million and unfunded commitments of $51.2 million.
 
The Company evaluates goodwill for potential goodwill impairment on an annual basis or more often based on consideration if any impairment indicators have occurred. A prolonged strain on the U.S. economy impacting the Company could result in goodwill being partially or fully impaired. At September 30, 2023, goodwill of $8.5 million was recorded on the consolidated balance sheet.