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Significant Estimates and Concentrations
12 Months Ended
Dec. 31, 2024
Significant Estimates and Concentrations [Abstract]  
Significant Estimates and Concentrations
Note 18:
 Significant Estimates and Concentrations

GAAP requires disclosure of certain significant estimates and current vulnerabilities due to certain concentrations.  Estimates related to the allowance for loan losses are reflected in Note 6 regarding loans.
 
As of December 31, 2024, hospitality loans were 18.5% of gross total loans with outstanding balances of $259.1 million and unfunded commitments of $2.9 million; energy loans were 9.5% of gross total loans with outstanding balances of $133.3 million and unfunded commitments of $39.0 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 December 31, 2024, goodwill of $8.5 million was recorded on the consolidated balance sheet.