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Note 7 - Goodwill and Intangibles (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Changes in carrying amount of goodwill

    

2023

    

2022

    

2021

(dollars in thousands)

Balance at the beginning of period

$

137,607

$

74,066

$

74,066

Acquisition of GFED

63,541

Acquisition of GFED - measurement period adjustment

1,420

Balance at the end of period

$

139,027

$

137,607

$

74,066

Schedule of goodwill by reportable segment

December 31, 2023

December 31, 2022

December 31, 2021

(dollars in thousands)

Commercial banking:

QCBT

$

3,223

$

3,223

$

3,223

CRBT

 

14,980

 

14,980

 

14,980

CSB

9,888

9,888

9,888

GB

 

110,936

 

109,516

 

45,975

$

139,027

$

137,607

$

74,066

Schedule of core deposit intangibles by reportable segment

December 31, 2023

December 31, 2022

December 31, 2021

(dollars in thousands)

Commercial Banking:

CRBT

$

883

$

1,225

$

1,702

CSB

1,430

2,027

2,653

GB

11,508

13,507

4,994

$

13,821

$

16,759

$

9,349

Core Deposits [Member]  
Notes Tables  
Changes in Intangibles

    

2023

2022

2021

(dollars in thousands)

Balance at the beginning of the period

$

16,759

$

9,349

$

11,381

Acquisition of GFED

 

 

10,264

 

Amortization expense

 

(2,938)

 

(2,854)

 

(2,032)

Balance at the end of the period

$

13,821

$

16,759

$

9,349

 

  

 

  

 

  

Gross carrying amount

$

29,519

$

29,519

$

19,255

Accumulated amortization

 

(15,698)

 

(12,760)

 

(9,906)

Net book value

$

13,821

$

16,759

$

9,349

Estimated amortization of intangible assets

    

Amount

Years ending December 31,

(dollars in thousands)

2024

$

2,761

2025

 

2,645

2026

 

2,360

2027

 

1,874

2028

 

1,316

Thereafter

 

2,865

$

13,821