XML 30 R20.htm IDEA: XBRL DOCUMENT v3.25.1
Significant Estimates and Concentrations
3 Months Ended
Mar. 31, 2025
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 March 31, 2025, hospitality loans were 20% of gross total loans with outstanding balances of $284.8 million and unfunded commitments of $1.8 million; energy loans were 9% of gross total loans with outstanding balances of $134.1 million and unfunded commitments of $31.1 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 March 31, 2025, goodwill of $11.2 million was recorded on the consolidated balance sheet.