GOODWILL AND INTANGIBLES

9 Months Ended

Sep. 30, 2019

GOODWILL AND INTANGIBLES [Abstract]

GOODWILL AND INTANGIBLES

NOTE 9. GOODWILL AND INTANGIBLES

A summary of goodwill activity follows for the three and nine months ended September 30, 2019 and 2018 (in thousands).

	Three Months Ended				Nine Months Ended
	2019		2018		2019		2018
Goodwill, beginning of period	$	3,903	$	-	$	3,178	$	-
MGI acquistion		12		-		737		-
Goodwill, end of period	$	3,915	$	-	$	3,915	$	-

Intangible assets consisted of the following at the dates indicated below (in thousands).

	September 30, 2019								December 31, 2018
	Estimated Useful Life		Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Customer Relationships		15	$	930	$	31	$	899	$	-	$	-	$	-
Trademarks		10		13		1		12		-		-		-
Non-compete agreement		5		22		2		20		-		-		-
Other		17		32		21		11		32		16		16
Total intangible assets			$	997	$	55	$	942	$	32	$	16	$	16

The intangible assets acquired from MGI in 2019 are described further in Note 4.