XML 111 R40.htm IDEA: XBRL DOCUMENT
v3.20.1

Goodwill and Intangibles (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill |
Goodwill |  |  | 2019 |  |  | 2018
Charlottesville Branch Acquisition |  | $ | 366,300 |  | $ | 366,300
River Bancorp, Inc. Acquisition |  |  | 1,727,864 |  |  | 1,727,864
Mortgage Business Acquisition |  |  | 600,000 |  |  | 600,000
Hammond Insurance Acquisition |  |  | 612,500 |  |  | —
Virginia Community Bankshares, Inc. Acquisition |  |  | 16,608,278 |  |  | —
|  | $ | 19,914,942 |  | $ | 2,694,164
Schedule of Amortizable Intangibles Included in Other Assets on Balance Sheet | Information concerning amortizable intangibles included in other assets on the balance sheet is as follows:
Amortizable Intangibles |  |  | 2019 |  |  | 2018
Customer-Based Intangible – MoneyWise Payroll |  | $ | 541,272 |  | $ | 738,098
Customer Based Intangible – Hammond Insurance |  |  | 374,986 |  |  | —
Customer Based Intangible – LenderSelect |  |  | 720,489 |  |  | —
Core Deposit Intangible – River Community Bank |  |  | 211,036 |  |  | 437,954
Core Deposit Intangible – Virginia Community Bank |  |  | 1,690,000 |  |  | —
Other |  |  | 180,536 |  |  | 136,863
|  | $ | 3,718,319 |  | $ | 1,312,915
Schedule of Estimated Amortization Expense | The estimated amortization expense for the next five years and thereafter is as follows:
(Dollars in thousands) |  |  |
2020 | $ | 869,635 |
2021 |  | 716,913 |
2022 |  | 564,949 |
2023 |  | 379,624 |
2024 |  | 341,916 |
Thereafter |  | 845,282 |
Total | $ | 3,718,319 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration