Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2026

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

Note 6 – Goodwill and Other Intangible Assets

The following table provides the gross carrying value and accumulated amortization of intangible assets as of March 31, 2026 and December 31, 2025 (in thousands):

	March 31, 2026							December 31, 2025
	Gross carrying value		Accumulated amortization			Net carrying value		Gross carrying value		Accumulated  amortization			Net carrying value
Amortized intangible assets (1):
Mortgage servicing rights	$	2,154	$	(1,628	)	$	526	$	2,362	$	(1,793	)	$	569
Core deposit intangibles		3,072		(1,525	)		1,547		3,072		(1,420	)		1,652
Total amortized intangible assets	$	5,226	$	(3,153	)	$	2,073	$	5,434	$	(3,213	)	$	2,221
Unamortized intangible assets:
Goodwill	$	85,758						$	85,758

(1) Excludes fully amortized intangible assets

The following table provides the current year and estimated future amortization expense for amortized intangible assets for the next five years (in thousands). The Company based its projections of amortization expense shown below on existing asset balances at March 31, 2026. Future amortization expense may vary from these projections:

	MSRs		Core deposit intangibles		Total
Three months ended March 31, 2026 (actual)	$	68	$	105	$	173
Three months ended March 31, 2025 (actual)	$	70	$	127		197
Estimate for year ending December 31,
Remaining 2026		151		290		441
2027		152		339		491
2028		105		284		389
2029		70		230		300
2030		36		177		213
Thereafter		12		227		239
Total	$	526	$	1,547	$	2,073