CORE DEPOSIT INTANGIBLES

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

CORE DEPOSIT INTANGIBLES

NOTE 6 - CORE DEPOSIT INTANGIBLES

Changes in the carrying amount of core deposit intangibles in the accompanying consolidated balance sheets as of December 31 are summarized as follows:

	2022			2021
Beginning of year	$	2,313		$	2,999
Amortization		(454	)		(686	)
End of year	$	1,859		$	2,313

Accumulated amortization was $6,672 and $6,218 at December 31, 2022 and 2021, respectively. Amortization expense related to core deposit intangibles was $454, $686 and $854 during the years ended December 31, 2022, 2021 and 2020, respectively. The estimated aggregate future amortization expense for core deposit intangibles remaining as of December 31, 2022 was as follows:

Year Ended December 31,	Amount
2023	$	441
2024		424
2025		316
2026		272
2027		270
Thereafter		136
	$	1,859