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Goodwill and Core Deposit Intangible (Tables)
 12 Months Ended
Dec. 31, 2024
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 years ended December 31, 2024 and 2023:

    December 31, 2024  
   
Goodwill
    
Core Deposit
Intangible
  
   
(In thousands)
  
Balance at the beginning of the period
  
$
25,858
    
$
2,111
  
Amortization
    
–
      
(336
)
Balance at the end of the period
  
$
25,858
    
$
1,775
  

  December 31, 2023  
 
Goodwill
    
Core Deposit
Intangible
  
 
(In thousands)
  
Balance at the beginning of the period
  
$
25,858
    
$
2,501
  
Amortization
    
–
      
(390
)
Balance at the end of the period
  
$
25,858
    
$
2,111
  
Components of Carrying Value and Accumulated Amortization of Core Deposit Intangible
The carrying value and accumulated amortization related to the Company’s core deposit intangible consisted of the following at December 31, 2024 and 2023:

   
December 31,
2024
    
December 31,
2023
  
   
(In thousands)
  
             
Core deposit intangible acquired
  
$
3,329
     $
3,329  
Less: accumulated amortization
    
(1,554
)
    
(1,218
)
   
$
1,775
     $
 2,111  
Estimated Amortization Expense for Core Deposit Intangible
The following table outlines the estimated amortization expense related to the core deposit intangible during the next five fiscal years:

   
(In thousands)
  
       
2025
  
$
315
  
2026
    
304
  
2027
    
291
  
2028
    
279
  
2029
    
267
  
Thereafter
    
319
  
   
$
1,775