Annual report pursuant to Section 13 and 15(d)

Note 6 - Goodwill and Other Intangible Assets (Tables)

v3.24.1
Note 6 - Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Goodwill [Table Text Block]

(Dollars in thousands)

 

2023

   

2022

 

Goodwill balance January 1,

  $ 22,395     $ 11,109  

Goodwill acquired - Royal Financial

    -       11,286  

Goodwill balance December 31,

  $ 22,395     $ 22,395  
Finite-Lived Intangible Assets Amortization Expense [Table Text Block]
The amortization recorded for the year ended December 31, is as follows:  
       

(dollars in thousands)

 

Total

 
2022   $ 1,552  
2023   $ 1,522  
Amortization to be recorded in future periods, is as follows:  
         

(dollars in thousands)

   

Total

 
2024     $ 1,411  
2025       688  
2026       360  
2027       294  

Thereafter

      519  

Total

    $ 3,272