Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Intangible assets

Schedule of the net effect of amortization of premiums and accretion of discounts associated with acquisition accounting adjustments to assets acquired and liabilities assumed

	March 31,		March 31,
	2022		2021
Three Months Ended	Dollars in Thousands
Adjustments to net income
Loans (1)	$	330	$	422
Time deposits (2)		(2)		(4)
Core deposit intangible (3)		(134)		(155)
Note Payable (4)		(1)		(1)
Net impact to income before taxes	$	193	$	262

(1) Loan discount accretion is included in the "Loans, including fees" section of "Interest Income" in the Consolidated Statements of Income.

(2) Time deposit discount accretion is included in the "Deposits" section of "Interest Expense" in the Consolidated Statements of Income.

(3) Core deposit intangible premium amortization is included in the "Other Expenses" section of "Non-interest Expense" in the Consolidated Statements of Income.

(4) Note payable discount accretion is included in the "Borrowings" section of "Interest Expense" in the Consolidated Statements of Income.

Core deposit intangible

Intangible assets

Summary of changes in the intangible assets

	March 31,		December 31,
Dollars in Thousands	2022		2021
Balance at the beginning of the period	$	2,060	$	2,660
Amortization		(134)		(600)
Balance at the end of the period	$	1,926	$	2,060

Schedule of future amortization

	March 31,
Dollars in Thousands	2022
2022	$	385
2023		467
2024		415
2025		246
2026		182
Thereafter		231
	$	1,926

Deposits Purchased Premium (Discount) Net

Intangible assets

Summary of changes in the intangible assets

	March 31,		December 31,
Dollars in Thousands	2022		2021
Balance at the beginning of the period	$	(9)	$	(23)
Accretion, net		3		14
Balance at the end of the period	$	(6)	$	(9)

Schedule of future accretion

	March 31,
Dollars in Thousands	2022
2022	$	4
2023		2
	$	6