XML 61 R41.htm IDEA: XBRL DOCUMENT v3.24.1
GOODWILL, CORE DEPOSIT INTANGIBLE (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets excluding Goodwill

Intangible assets (excluding goodwill) consisted of the following:

 

             
   December 31, 
(Dollars in thousands)  2023   2022   2021 
Core deposit premiums, gross carrying amount  $3,358   $3,358   $3,358 
Other intangibles   538    538    538 
Gross carrying amount   3,896    3,896    3,896 
Accumulated amortization   (3,292)   (3,135)   (2,977)
Net  $604   $761   $919 
Schedule of Aggregate Amortization Expenses

Based on the core deposit and other intangibles as of December 31, 2023, the following table presents the aggregate amortization expense for each of the succeeding years ending December 31:

 

(Dollars in thousands)  Amount 
2024  $158 
2025   157 
2026   158 
2027   131 
2028 and thereafter     
Total  $604 
Schedule of Goodwill

The Company’s carrying amount of goodwill at December 31, 2023, and 2022 and changes to the goodwill are summarized as follows:

         
   December 31, 
(In thousands)  2023   2022 
Balance—beginning of year  $14,637   $14,637 
Acquired Goodwill        
Impairment        
Balance, end of year  $14,637   $14,637