XML 36 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2016
Schedule of other intangible assets

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

(In thousands)

 

 

2016

 

 

2015

Beginning of period

 

$

1,360

 

$

 —

Additions

 

 

 —

 

 

1,377

Amortization

 

 

102

 

 

17

End of period

 

$

1,258

 

$

1,360

 

Schedule of estimated amortization expense for each of the next five years

 

 

 

 

(In thousands)

 

 

Amount

Remainder of 2016

 

$

102

2017

 

 

173

2018

 

 

147

2019

 

 

126

2020

 

 

120

2021

 

 

120

Thereafter

 

 

470

 

NUVO Bank & Trust Company  
Schedule of goodwill

 

 

 

 

 

(In thousands)

 

 

 

Goodwill reported as of December 31, 2015

 

$

6,967

 

 

 

 

Effect of adjustments to:

 

 

 

Consideration paid:

 

 

 

Stock warrants issued

 

 

(74)

Assets acquired:

 

 

 

Investments

 

 

21

Adjusted goodwill as of June 30, 2016

 

$

6,872