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Goodwill and Core Deposit Intangible (Tables)
 6 Months Ended
Jun. 30, 2023
Goodwill and Core Deposit Intangible [Abstract]  
Changes in Carrying Amounts of Goodwill and Core Deposit Intangibles The following table presents the changes in the carrying amounts of goodwill and core deposit intangibles for the six months ended June 30, 2023:


    Goodwill
    
Core Deposit
Intangible
  
    (In thousands)
  
Balance at the beginning of the period
  
$
25,858
    
$
2,501
  
Additions
     –      
–
  
Change in deferred tax estimate
     –      
–
  
Amortization
     –      
(195
)
Balance at the end of the period
   $ 25,858    
$
2,306
  
Components of Carrying Value and Accumulated Amortization of Core Deposit Intangible

The carrying amount of the core deposit intangible consisted of the following at June 30, 2023 (in thousands):
Core deposit intangible acquired
  
$
3,329
  
Less: accumulated amortization     (1,023 )

 
$
2,306
  
Estimated Amortization Expense for Core Deposit Intangible

The following table outlines the estimated amortization expense for the core deposit intangible during the next five fiscal years (in thousands):


2023
  
$
195
  
2024
    
336
  
2025
    
315
  
2026
    
304
  
2027
    
291
  
Thereafter
    
865
  
   
$
2,306