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Goodwill and Intangibles (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Components of Goodwill

The following table presents the components of goodwill as of the dates stated.

(Dollars in thousands)		Year of acquisition		March 31, 2021				December 31, 2020
Charlottesville branch acquisition		2011		$	366			$	366
River Bancorp, Inc. acquisition		2016			1,728				1,728
Mortgage business acquisition		2018			600				600
Hammond Insurance Agency acquisition		2019			613				613
Virginia Community Bankshares, Inc. acquisition		2019			16,585				16,585
Bay Banks Merger		2021			7,206				—
				$	27,098			$	19,892

Schedule of Amortizable Intangible Assets

The following table presents information on amortizable intangible assets included on the Company’s consolidated balance sheets as of the dates stated.

		Gross								Net
(Dollars in thousands)		Carrying				Accumulated				Carrying
March 31, 2021		Value				Amortization				Value
Core deposit intangibles		$	9,626			$	(1,683	)		$	7,943
Other amortizable intangibles			2,528				(1,031	)			1,497
Total		$	12,154			$	(2,714	)		$	9,440
		Gross								Net
(Dollars in thousands)		Carrying				Accumulated				Carrying
December 31, 2020		Value				Amortization				Value
Core deposit intangibles		$	2,776			$	(1,366	)		$	1,410
Other amortizable intangibles			2,528				(1,016	)			1,512
Total		$	5,304			$	(2,382	)		$	2,922

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- References

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- 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

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- 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=121556970&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=121556970&loc=d3e13854-109267

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