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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Inatngible Assets

The following table lists the Corporation’s account relationship intangible assets at December 31, 2017 and 2016. These assets have less than two years of remaining amortization.

 

    2017   2016
Amortizing intangible assets                
Account relationships   $ 19,532     $ 35,156  
                 
Total intangible assets   $ 19,532     $ 35,156  

Schedule of Expected Amortization Expense

The intangible assets’ carrying amount, accumulated amortization and amortization expense for December 31, 2017, and the two succeeding fiscal years are as follows:

 

    2017   2018   2019
Amortizing intangible assets                        
                         
         Account relationships                        
      Gross carrying amount   $ 125,000     $ 125,000     $ 125,000  
      Accumulated amortization     105,468       121,093       125,000  
      Net carrying amount   $ 19,532     $ 3,907     $ 0  
                         
      Amortization expense   $ 15,625     $ 15,625     $ 3,907