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Goodwill and Core Deposit Intangibles
12 Months Ended
Dec. 31, 2023
Goodwill and Core Deposit Intangibles [Abstract]  
Goodwill and Core Deposit Intangibles
Note 8:
 Goodwill and Core Deposit Intangibles
 
The following is a summary of goodwill and intangible assets (dollars in thousands):

   
Gross
Carrying
Amount
   
Accumulated Amortization
   
Net Carrying
Amount
 
As of December 31, 2023
                 
Goodwill
 
$
8,688
   
$
(230
)
 
$
8,458
 
Core deposit intangibles
   
3,315
     
(2,284
)
   
1,031
 
Total
 
$
12,003
   
$
(2,514
)
 
$
9,489
 

   
Gross
Carrying
 Amount
   
Accumulated Amortization
   
Net Carrying
Amount
 
As of December 31, 2022
                 
Goodwill
 
$
8,833
   
$
(230
)
 
$
8,603
 
Core deposit intangibles
   
3,315
     
(1,979
)
   
1,336
 
Total
 
$
12,148
   
$
(2,209
)
 
$
9,939
 

See Note 2 for discussion on the $146,000 in adjustments to Goodwill as of the year-ended December 31, 2023.


Amortization expense for intangible assets totaled $305,000, $307,000 and $183,000 for the years ended December 31, 2023, 2022 and 2021, respectively.  Estimated amortization expense for each of the remaining life is as follows (dollars in thousands):
 
2024
  $
155
 
2025
   
125
 
2026
    125  
2027
    125  
2028
    125  
Thereafter
    376  
Total
 
$
1,031