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Note 7 - Intangible Assets
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

7.

Intangible assets

 

The following sets forth the carrying amounts and accumulated amortization of the intangible assets at June 30, 2025 and  December 31, 2024 (in thousands):

 

  

2025

  

2024

 
  

Gross

  

Accumulated

  

Gross

  

Accumulated

 
  

Amount

  

Amortization

  

Amount

  

Amortization

 
                 

Core deposit intangible asset

 $6,411  $5,473  $6,411  $5,319 
                 

 

The weighted average remaining life of the intangible assets is approximately 2.1 years as of June 30, 2025 and  December 31, 2024.

 

The following sets forth the activity related to the intangible assets for the three and six months ended June 30, 2025 and 2024 (in thousands):

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2025

  

2024

  

2025

  

2024

 
                 

Beginning intangible assets, net

 $1,015  $1,342  $1,092  $1,429 

Amortization

  (77)  (86)  (154)  (173)
                 

Ending intangible assets, net

 $938  $1,256  $938  $1,256 

 

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

 

2025

 $146 

2026

  269 

2027

  240 

2028

  190 

2029

  93 
     

Total

 $938