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Goodwill and Core Deposits
12 Months Ended
Dec. 31, 2022
Goodwill and Core Deposits  
Goodwill and Core Deposits

Note 22: Goodwill and Core Deposits

The following table shows the changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021 (in thousands):

    

2022

    

2021

Balance beginning of year

$

682

$

682

Additions from acquisition

 

 

Balance, end of year

$

682

$

682

Intangible assets in the consolidated balance sheets at December 31, 2022 and 2021 were as follows (in thousands):

2022

2021

Gross

Gross

Intangible

Accumulated

Net Intangible

Intangible

Accumulated

Net Intangible

    

Assets

    

Amortization

    

Assets

    

Assets

    

Amortization

    

Assets

Core deposit intangibles

$

1,041

 

$

631

 

$

410

 

$

1,041

 

$

481

 

$

560

The estimated aggregate future amortization expense for each of the next five years for intangible assets remaining as of December 31, 2022 is as follows (in thousands):

2023

    

$

150

2024

 

150

2025

 

110