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Note 8 - Intangible Assets

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

8.	Intangible assets

The following sets forth the carrying amounts and accumulated amortization of the intangible assets at June 30, 2022 and December 31, 2021 (in thousands):

		2022								2021
		Gross				Accumulated				Gross				Accumulated
		Amount				Amortization				Amount				Amortization

Core deposit intangible asset		$	6,411			$	4,296			$	6,411			$	4,043
Customer list			535				438				535				398

Total		$	6,946			$	4,734			$	6,946			$	4,441

The weighted average remaining life of the intangible assets is approximately 3 years and 4 years as of June 30, 2022 and December 31, 2021.

The following sets forth the activity related to the intangible assets for the three and six months ended June 30, 2022 and 2021 (in thousands):

		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2022				2021				2022				2021

Beginning intangible assets, net		$	2,359			$	2,973			$	2,505			$	3,133
Amortization			(147	)			(160	)			(293	)			(320	)

Ending intangible assets, net		$	2,212			$	2,813			$	2,212			$	2,813

Estimated remaining amortization expense on intangible assets for the years ending December 31 is as follows (in thousands):

2022			281
2023			502
2024			337
2025			300
2026			268
2027			240
After			284

Total		$	2,212