Core Deposits and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Core Deposits and Intangible Assets

Schedule of changes in the carrying amount of goodwill

The following table shows the changes in the carrying amount of goodwill for March 31, 2024 and December 31, 2023 (in thousands):

	March 31,		December 31,
	2024		2023
Balance beginning of year	$	682	$	682
Additions from acquisition		—		—
Balance, end of period	$	682	$	682

Schedule of intangible assets

Intangible assets in the consolidated balance sheets at March 31, 2024 and December 31, 2023 were as follows (in thousands):

	Three Months Ended March 31, 2024				Year Ended December 31, 2023
	Gross				Gross
	Intangible		Accumulated	Net Intangible	Intangible	Accumulated	Net Intangible
	Assets		Amortization	Assets	Assets	Amortization	Assets
Core deposit intangibles	$	1,041	819	222	1,041	781	260

Schedule of estimated aggregate future amortization expense for each of the next four years for intangible assets remaining

The estimated aggregate future amortization expense for each of the next two years for intangible assets remaining as of March 31, 2024 is as follows (in thousands):

2024	$	114
2025		108