Note 21 - Intangible Assets

12 Months Ended

Dec. 31, 2012

Intangible Assets Disclosure [Text Block]

21.  Intangible Assets

Acquired core deposit and customer relationship intangible assets were as follows as of December 31 for the years indicated.

	2012						2011
Amortized Intangible Assets (In thousands)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Core deposit intangibles	$	6,398	$	5,444	$	954	$	10,839	$	9,039	$	1,800
Other customer relationship intangibles		3,689		3,249		440		3,689		3,080		609
Total	$	10,087	$	8,693	$	1,394	$	14,528	$	12,119	$	2,409

Aggregate amortization expense of core deposit and customer relationship intangible assets was $1.0 million, $1.1 million, and $1.4 million for 2012, 2011, and 2010, respectively. Core deposit intangibles in the amount of $4.4 million recorded in connection with the Company’s acquisition of Citizens Northern during 2005 have been removed from the gross carrying amount and accumulated amortization for 2012 due to being fully amortized. Core deposit and customer relationship intangible assets are scheduled to be fully amortized by 2015. Estimated amortization expense over the remaining three years is as follows:

(In thousands)	Amount
2013	$	540
2014		405
2015		449