Core Deposits and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Core Deposits and Other Intangible Assets

Summary of changes in the carrying amount of goodwill

The following table shows the changes in the carrying amount of goodwill for March 31, 2021 and December 31, 2020 (in thousands):

	March 31,		December 31,
	2021		2020
Balance beginning of year	$	682	$	682
Additions from acquisition		—		—
Balance, end of period	$	682	$	682

Summary of intangible assets

Intangible assets in the consolidated balance sheets at March 31, 2021 and December 31, 2020 were as follows (in thousands):

	Three Months Ended March 31, 2021				Year Ended December 31, 2020
	Gross			Net	Gross		Net
	Intangible		Accumulated	Intangible	Intangible	Accumulated	Intangible
	Assets		Amortization	Assets	Assets	Amortization	Assets
Core deposit intangibles	$	1,041	368	673	1,041	331	710

Summary of estimated aggregate future amortization expense for each of the next five years for intangible assets remaining

The estimated aggregate future amortization expense for each of the next five years for intangible assets remaining as of March 31, 2021 is as follows (in thousands):

2021	$	116
2022		150
2023		150
2024		150
2025		110