Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets [Abstract]

Changes in Carrying Amounts of Goodwill and Core Deposit Intangibles

The following table presents the changes in the carrying amounts of goodwill and core deposit intangibles for the three months ended March 31, 2022:

	Goodwill			Core Deposit Intangible
	(In thousands)
Balance at the beginning of the period	$	25,996		$	2,936
Additions		-			-
Change in deferred tax estimate		(138	)		(109	)
Impairment		-			-
Balance at the end of the period	$	25,858		$	2,827

Estimated Amortization Expense for Core Deposit Intangible

The following table outlines the estimated amortization expense for the core deposit intangible during the next five fiscal years:

	(In thousands)
2022	$	326
2023		390
2024		336
2025		315
2026		304
Thereafter		1,156
	$	2,827