XML 60 R46.htm IDEA: XBRL DOCUMENT v3.24.0.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes to the Carrying Amount of Goodwill

Changes to the carrying amount of goodwill for the years ended December 31, 2023 and 2022 are provided in the following table.

 

 

 

2023

 

 

2022

 

Balance at beginning of year

 

$

27,817

 

 

$

27,817

 

Balance at end of year

 

$

27,817

 

 

$

27,817

 

Summary of Core Deposit Intangible Assets

A summary of core deposit intangible assets as of December 31, 2023 and 2022 is set forth below.

 

 

 

2023

 

 

2022

 

Gross carrying amount

 

$

8,433

 

 

$

8,433

 

Less: accumulated amortization

 

 

(6,988

)

 

 

(6,317

)

Net carrying amount

 

$

1,445

 

 

$

2,116

 

Schedule of Estimated Amortization Expenses Related to Core Deposit Intangible Assets

Estimated amortization expenses related to the core deposit intangible assets for the next five years are as follows:

 

 

 

Keystone

 

 

PSB

 

 

Trinity

 

 

Total

 

2024

 

$

-

 

 

$

404

 

 

$

109

 

 

$

513

 

2025

 

 

-

 

 

 

311

 

 

 

89

 

 

 

400

 

2026

 

 

-

 

 

 

219

 

 

 

68

 

 

 

287

 

2027

 

 

-

 

 

 

127

 

 

 

48

 

 

 

175

 

2028

 

 

-

 

 

 

34

 

 

 

28

 

 

 

62

 

Afterward

 

 

-

 

 

 

-

 

 

 

8

 

 

 

8

 

 

 

$

-

 

 

$

1,095

 

 

$

350

 

 

$

1,445