Intangible Assets

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

5. INTANGIBLE ASSETS

The following table lists the Corporation’s account relationship intangible assets at December 31, 2015 and 2014. These assets have less than four years of remaining amortization.

	2015		2014
Amortizing intangible assets
Account relationships	$	50,781	$	66,406
Total intangible assets	$	50,781	$	66,406

The intangible assets’ carrying amount, accumulated amortization and amortization expense for December 31, 2015, and the four succeeding fiscal years are as follows:

	2015		2016		2017		2018		2019
Amortizing intangible assets
Account relationships
Gross carrying amount	$	125,000	$	125,000	$	125,000	$	125,000	$	125,000
Accumulated amortization		74,219		89,844		105,469		121,094		125,000
Net carrying amount	$	50,781	$	35,156	$	19,531	$	3,906	$	0
Amortization expense	$	15,625	$	15,625	$	15,625	$	15,625	$	3,906