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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Intangible Assets, Other than Goodwill

Acquired intangible assets, other than goodwill, as of September 30, 2025 and December 31, 2024 were as follows:

 

 

 

September 30, 2025

 

 

December 31, 2024

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

12,668

 

 

$

8,650

 

 

$

4,018

 

 

 

12,668

 

 

 

7,662

 

 

$

5,006

 

Total amortized intangible assets

 

$

12,668

 

 

$

8,650

 

 

$

4,018

 

 

$

12,668

 

 

$

7,662

 

 

$

5,006

 

 

Schedule of Mortgage Servicing Rights (MSRs)

Activity for mortgage servicing rights ("MSRs") for the three and nine months ended September 30, 2025 and September 30, 2024 was as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Mortgage Servicing Rights:

 

 

 

 

 

 

 

 

 

 

 

 

Balance at Beginning of Period

 

$

2,775

 

 

$

2,974

 

 

$

2,877

 

 

$

3,018

 

Additions

 

 

41

 

 

 

90

 

 

 

89

 

 

 

199

 

Additions from acquisition

 

 

 

 

 

 

 

 

 

 

 

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Amortized to expense

 

 

(78

)

 

 

(125

)

 

 

(228

)

 

 

(278

)

Other charges

 

 

 

 

 

 

 

 

 

 

 

 

Change in valuation allowance

 

 

 

 

 

 

 

 

 

 

 

 

Balance at End of Period

 

$

2,738

 

 

$

2,939

 

 

$

2,738

 

 

$

2,939

 

 

Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the next five years and thereafter is as follows:

 

 

 

MSRs

 

 

Core deposit
intangibles

 

 

Total

 

2025 (1)

 

$

40

 

 

$

318

 

 

$

358

 

2026

 

 

159

 

 

 

1,193

 

 

 

1,352

 

2027

 

 

156

 

 

 

1,071

 

 

 

1,227

 

2028

 

 

150

 

 

 

793

 

 

 

943

 

2029

 

 

149

 

 

 

282

 

 

 

431

 

Thereafter

 

 

2,084

 

 

 

361

 

 

 

2,445

 

 

$

2,738

 

 

$

4,018

 

 

$

6,756

 

 

(1) 2025 includes three months of amortization expense for the period from October 1, 2025 through December 31, 2025.