Other Acquired Intangible Assets

12 Months Ended

Dec. 31, 2011

Goodwill and Other Acquired Intangible Assets [Abstract]

OTHER ACQUIRED INTANGIBLE ASSETS

NOTE 7 — OTHER ACQUIRED INTANGIBLE ASSETS

The following sets forth the carrying amounts, accumulated amortization and amortization expense of other acquired intangible assets:

	December 31, 2011						December 31, 2010
	Original Amount		Accumulated Amortization		Carrying Amount		Original Amount		Accumulated Amortization		Carrying Amount
	(In thousands)
Core deposit intangible assets	$	26,468	$	18,589	$	7,879	$	26,468	$	17,062	$	9,406
Non-compete agreements		678		678		—		678		345		333
Total other acquired intangible assets	$	27,146	$	19,267	$	7,879	$	27,146	$	17,407	$	9,739

There were no additions of other acquired intangible assets during 2011. In conjunction with the OAK acquisition in 2010, the Corporation recorded $8.4 million in core deposit intangible assets and $0.7 million in non-compete agreements.

Amortization expense on other acquired intangible assets totaled $1.9 million during 2011, $1.7 million during 2010 and $0.7 million during 2009. Estimated amortization expense on other acquired intangible assets for the years ending after December 31, 2011 follows: 2012 - $1.5 million; 2013 - $1.3 million; 2014 - $1.1 million; 2015 - $1.1 million; 2016 - $0.9 million; 2017 and thereafter - $2.0 million