Annual report pursuant to Section 13 and 15(d)

Note 6 - Goodwill and Other Intangible Assets (Tables)

v3.23.1
Note 6 - Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Goodwill [Table Text Block]

(Dollars in thousands)

 

2022

   

2021

 

Goodwill balance January 1,

  $ 11,109     $ 11,109  

Goodwill acquired - Royal Financial

    11,286       -  

Goodwill balance December 31,

  $ 22,395     $ 11,109  
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]

The amortization recorded for the twelve months ended December 31, is as follows:

 
           

(dollars in thousands)

   

Total

 
2021     $ 994  
2022     $ 1,552  

Amortization to be recorded in future periods, is as follows:

         
           

(dollars in thousands

   

Total

 
2023     $ 1,522  
2024       1,411  
2025       688  
2026       360  
2027       294  

Thereafter

      519  

Total

    $ 4,794