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GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS, NET  
Schedule of core deposit intangibles

(In Thousands)

 

December 31, 

 

2022

2021

Gross amount

$

6,639

$

6,639

Accumulated amortization

 

(3,762)

 

(3,323)

Net

$

2,877

$

3,316

Schedule of amortization expense related to core deposit intangibles is included in other noninterest expense in the consolidated statements of income

(In Thousands)

Year Ended December 31,

2022

2021

2020

Amortization expense

$

439

$

535

$

540

Schedule of amortization expense to be recognized in each of the ensuing five years

(In Thousands)

    

2023

$

408

2024

 

390

2025

 

424

2026

 

396

2027

 

361