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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

(dollars in thousands)

 

As of June 30, 2025

 

 

As of December 31, 2024

 

 

 

 

 

 

 

 

Goodwill

 

$

14,420

 

 

$

14,420

 

 

 

June 30, 2025

 

 

December 31, 2024

 

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Core deposit intangible

 

$

1,868

 

 

$

1,127

 

 

$

741

 

 

$

1,868

 

 

$

1,037

 

 

$

831

 

Schedule of Estimated Amortization Expense

As of June 30, 2025 future estimated annual amortization expense is as follows:

 

Year ending

 

 

 

(dollars in thousands)

 

 

 

2025

 

$

90

 

2026

 

 

180

 

2027

 

 

180

 

2028

 

 

180

 

2029

 

 

72

 

Thereafter

 

 

39

 

Total Estimated Amortization Expense

 

$

741