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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of core deposit intangibles

(In Thousands)

    

December 31, 

2021

2020

Gross amount

$

6,639

$

6,639

Accumulated amortization

 

(3,323)

 

(2,788)

Net

$

3,316

$

3,851

Schedule of amortization expense related to core deposit intangibles is included in other noninterest expense in the consolidated statements of income

(In Thousands)

Year Ended

December 31,

December 31,

2021

2020

Amortization expense

$

535

$

540

Schedule of amortization expense to be recognized in each of the ensuing five years

(In Thousands)

    

2022

$

439

2023

 

408

2024

 

390

2025

 

424

2026

 

396

Schedule of changes in the carrying amount of goodwill

(In Thousands)

Year Ended

December 31,

December 31,

2021

2020

Balance, beginning of period

$

52,505

$

28,388

Goodwill arising in business combination

0

24,117

Balance, end of period

$

52,505

$

52,505