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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Inatngible Assets

The following table lists the Corporation’s account relationship intangible assets at December 31, 2016 and 2015. These assets have less than three years of remaining amortization.

 

    2016   2015
Amortizing intangible assets                
Account relationships   $ 35,156     $ 50,781  
                 
Total intangible assets   $ 35,156     $ 50,781  

Schedule of Expected Amortization Expense

The intangible assets’ carrying amount, accumulated amortization and amortization expense for December 31, 2016, and the three succeeding fiscal years are as follows:

 

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