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Goodwill and Core Deposits (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Core Deposits  
Schedule of changes in the carrying amount of goodwill

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

Schedule of intangible assets

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

Schedule of estimated aggregate future amortization expense for each of the next four years for intangible assets remaining

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