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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Inatngible 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  

Schedule of Expected Amortization Expense

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