XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.3
Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Note 5. Goodwill and Intangible Assets

Goodwill is the excess of the fair value of the consideration transferred over the fair value of the net assets acquired and the liabilities assumed as of the acquisition date. Core deposit intangibles represent the estimated future benefit of deposits related to an acquisition, are recorded separately as an asset and are amortized over an estimated useful life of 10 years. Goodwill and other intangible assets are evaluated for impairment annually or whenever events or circumstances indicate the carrying amount may be impaired.

The following tables summarize the changes in the Company’s goodwill and core deposit intangible assets for the three and nine months ended September 30, 2025 and 2024:

For Three Months Ended September 30,
20252024
GoodwillCore Deposit
 Intangibles		GoodwillCore Deposit
 Intangibles
Beginning Balance$96,828 $8,767 $96,379 $9,769 
Additions— — — — 
Amortizations— (251)— (251)
Ending Balance$96,828 $8,516 $96,379 $9,518 

For Nine Months Ended September 30,
20252024
GoodwillCore Deposit
 Intangibles		GoodwillCore Deposit
 Intangibles
Beginning Balance$96,828 $9,268 $53,777 $— 
Additions— — 42,602 10,019 
Amortizations— (752)— (501)
Ending Balance$96,828 $8,516 $96,379 $9,518 


The following tables presents the estimated amortization expense for core deposit intangible assets remaining at September 30, 2025:
Estimated
Amortization
2025$250 
20261,002 
20271,002 
20281,002 
20291,002 
Thereafter4,258 
Total$8,516