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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets  
Summary of changes in the carrying amount of goodwill

The following table shows the changes in the carrying amount of goodwill for September 30, 2021 and December 31, 2020 (in thousands):

    

September 30, 

    

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 September 30, 2021 and December 31, 2020 were as follows (in thousands):

Nine Months Ended September 30, 2021

Year Ended December 31, 2020

Gross

Gross

Intangible

Accumulated

Net Intangible

Intangible

Accumulated

Net Intangible

    

Assets

    

Amortization

    

Assets

    

Assets

    

Amortization

    

Assets

Core deposit intangibles

$

1,041

 

444

 

597

 

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 September 30, 2021 is as follows (in thousands):

2021

$

37

2022

150

2023

 

150

2024

 

150

2025

 

110