XML 37 R25.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Other Intangible Assets and Goodwill

Core deposit intangible assets are amortized over the estimated useful life of ten years on an accelerated basis. A summary of the other intangible assets that continue to be subject to amortization as of the dates indicated is presented in the following table:

 

(Dollars in thousands)  As of September 30, 2024 
   Gross carrying amount   Accumulated amortization   Net carrying amount 
Core deposit intangible assets  $4,170   $(1,441)  $2,729 

 

(Dollars in thousands)  As of December 31, 2023 
   Gross carrying amount   Accumulated amortization   Net carrying amount 
Core deposit intangible assets  $4,170   $(929)  $3,241 
Schedule of Finite-lived Intangible Assets, Future Amortization Expense

The following table sets forth estimated amortization expense for core deposit and intangible assets for the remainder of 2024 and in successive years ending December 31:

 

(Dollars in thousands)  Amortization 
   expense 
Remainder of 2024  $151 
2025   588 
2026   512 
2027   436 
2028   360 
2029   284 
Thereafter   398 
Total  $2,729