XML 24 R12.htm IDEA: XBRL DOCUMENT
v3.23.1

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2022
Goodwill and Intangible Assets |
Goodwill and Intangible Assets | 5. Goodwill and Intangible Assets The changes in the carrying value of goodwill are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Year Ended
​ | ​ | ​ | December 31,
​ |  |  | 2022 |  | 2021
Beginning balance | ​ | ​ | $ | 2,235 | ​ | $ | 1,410
Acquisition activity | ​ | ​ |  | — | ​ |  | 825
​ | ​ | ​ |  |  | ​ |  |
Ending balance | ​ | ​ | $ | 2,235 | ​ | $ | 2,235
​ The Company evaluated goodwill and determined that no write-down was required for the years ended December 31, 2022 or 2021. ​ The changes in the carrying value of the customer list and core deposit intangibles are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended
​ | ​ | December 31,
​ |  | 2022 |  | 2021
Beginning balance | ​ | $ | 433 | ​ | $ | 199
Acquisition activity | ​ | ​ | — | ​ | ​ | 330
Amortization | ​ |  | (99) | ​ |  | (96)
​ | ​ |  |  | ​ |  |
Ending balance | ​ | $ | 334 | ​ | $ | 433
Accumulated amortization and impairment | ​ | $ | 943 | ​ | $ | 844
​ Core deposit intangibles represent the estimated fair value of acquired customer deposit relationships on the date of acquisition and are amortized over their estimated useful lives. Purchased customer accounts primarily consist of records and files that contain information about investment holdings. The values assigned to customer lists and core deposit intangibles is based upon the application of the income approach. The intangibles are expected to have useful lives of approximately 13 years. The Company recognized $99 and $96 of amortization expense related to its intangible assets for the years ended December 31, 2022 and 2021, respectively. At December 31, 2022, based upon a review of the intangibles, the Company determined that the fair value of the amortizable intangible assets exceeded their carrying values. As of December 31, 2022, the future amortization expense for amortizable intangible assets for the respective years is as follows: ​
​ | ​ | ​ | ​
2023 |  | $ | 88
2024 | ​ |  | 79
2025 | ​ |  | 60
2026 | ​ |  | 29
2027 | ​ |  | 21
Thereafter | ​ | ​ | 57
Total | ​ | $ | 334
​

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration