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Core Deposits and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Core Deposits and Intangible Assets  
Schedule of changes in the carrying amount of goodwill

The following table shows the changes in the carrying amount of goodwill for March 31, 2025 and December 31, 2024 (in thousands):

    

March 31, 

    

December 31, 

2025

2024

Balance beginning of year

$

682

$

682

Additions from acquisition

 

 

Balance, end of period

$

682

$

682

Schedule of intangible assets

Intangible assets in the consolidated balance sheets at March 31, 2025 and December 31, 2024 were as follows (in thousands):

Three Months Ended March 31, 2025

Year Ended December 31, 2024

Gross

Gross

Intangible

Accumulated

Net Intangible

Intangible

Accumulated

Net Intangible

    

Assets

    

Amortization

    

Assets

    

Assets

    

Amortization

    

Assets

Core deposit intangibles

$

1,041

 

$

956

 

$

85

 

$

1,041

$

919

 

$

122

Schedule of estimated aggregate future amortization expense

The estimated aggregate future amortization expense for 2025 for intangible assets as of March 31, 2025 is as follows (in thousands):

2025

    

$

85